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Non-Tech : The Critical Investing Workshop

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To: Clappy who wrote (8577)	3/22/2000 4:39:00 AM
From: elpolvo	Read Replies (1) of 35685

good question clappy. it makes me think and clarify too. I was wondering why you decided to sell so much of your margin QCOM? the reason was just to get out of the casino and follow voltaire's plan for the stress free life. i also need the available margin to pay my taxes and to have dry powder for any exceptional short term opportunity that might arise. i may hang on to the remaining 600 margined qcom as a less risky spec play for awhile. i'm not sure whether to sell CCs on them or not - that would somewhat encumber them. perhaps i should if i decide to keep them a month or longer. but if qcom were to shoot up quickly on a nok announcement or something else it would be nice to be holding them uncovered by calls. -polvie beano

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