Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.23

-0.6%

Dec 22 3:59 PM EST

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To: Uncle Frank who wrote (76537)	7/13/2000 12:40:50 PM
From: The Verve	Read Replies (2) of 152472

Let's see, sell at 126. 30% capital gains (assuming 10% for state)...wait a sec...multiply...subtract... 89. Ok, using the MM 'smash the buddha in the teeth' approach, you pretty much have to hope that Q dips somewhere south of 89 to justify the sale. To your credit Mucho, it worked out in your favor. (You got back in at 61 or so, right?) I'm not so sure your approach would work for me. I mean, how many companies endure the body blows Q must endure weekly? FUD, analysts with agendas, hordes of jealous Nordic tribesmen slinging press release fire arrows through the media...in my view you were damn fortunate to get back in south of 89. LTB&H a co. like Q is the only way to invest for a guy like me. I'm too fat, lazy and stupid to successfully hop in and out at the right time. Bravo for you. Betcha ain't so lucky the next time... Verve

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