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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.80-0.6%2:10 PM EST

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To: waverider who wrote (71806)5/12/2000 10:19:00 AM
From: marginmike  Read Replies (2) of 152472
 
DH what you dont understand is my 1st priority is capital preservation. I watched stocks I own drop 70% in 98, they were all fundimentally sound. I still own 50 DIM Qcom calls which is the equivelent to 5000 shares. If Q rockets to the sky Ill make something and Ill buy back a bigger position when I feel comfy. It has nothing to do with maximizing performance. I would be a fool to sit on my 60-70,000 in this enviroment. We are in a rising inflation, margin shrinking market where PE's are still historicly astronomical. As for why I turned on you, is because youve singlehadedly destroyed the Qcom SI thread. If you dont agree with TA ignore it. Everyt profesional I know uses it. That fact alone makes it a valid tool.
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