LindyBill:
I posted last December that I would sell about 25% of my Qualcomm and put it elsewhere. I am probably going to do this around Q's earnings on the 25th. My thinking, at the moment, is JDSU, CREE, and EXDS.
Whoa, this is momentous. Seriously.
For those of us who are way overweighted in Qcom, like me, it will be interesting to hear more of your thoughts. The reasons you might shed some Q are:
1. You believe Qcom share price appreciation will slow down, and you are looking for investments that you expect will exceed that of Qcom, going forward.
2. You're understandably bored of a 1-stock portfolio.
3. You're looking for safety thru diversification.
As for your present thinking on new investments, I dumped Lu (after much spousal negotiation) in exchange for JDSU starting at the beginning of Dec., and JDSU is now my second largest position, after qcom. Overall, I would like to thank Cha2 and Tekboy for making the most compelling case for JDSU and for directing me to the Motley Fool's FAQ on JDSU, on that thread. But what finally pushed me over the top was the slide show that KK made to one of the brokerage firms, that I referenced here back in Nov/Dec.
You know my feelings about EXDS, which I think will be solid for at least a couple of years, in terms of insurmountable demand for web hosting of mission critical data, by the acknowledged Market Leader.
But when it's all done and said, I'm still 75% Qcom. And I've been thinking of staying that way for the rest of this year. But will follow your thoughts closely.
stan |
