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Non-Tech : The Critical Investing Workshop
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To: im a survivor who wrote (24171)6/30/2000 5:28:38 PM
From: Ex-INTCfan  Read Replies (1) of 35685
 
You know, now that I'm long QCOM again, I hate to say this. Given the run up last year, I'll bet management is thinking about what all the money they have made on their stock options and debating when to cash out, rather than keeping their eye on the ball. Remember, even with the recent decline, this stock has had a tremendous run and there must be some very wealthy people over there.

That said, I think this is the wrong time to panic and be upset about this stock. The way you feel is just the way I felt about my VIGN stock a few weeks ago when it crashed from 100 to 23. I was just sick. So I bought more -- tripled my position at prices of 25 and 31, and now it is back to 52 or so.

Take the bile test. When you feel the bile rising in your throat as a holding drops, and you know the company is solid, buy more.

INTCfan
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