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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 3:59 PM EST

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To: gc who wrote (64889)1/28/2000 11:57:00 AM
From: Tom Kearney  Read Replies (5) of 152472
 
This is where the BIG money is made investing. Historically, people will get scared out at this pt, pay taxes on their reduced profit, at the higher rate, and then get back in at a higher pt, and when next scared out, they'll again have to pay the higher tax rate. Studies have shown that trading like this costs investors more than half the stocks overall gain.

Consider holding now, and taking some cash out next time we hit new highs (when it seems like it can't stop going up). This is the time to be buying.

Regards,
Tom
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