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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.40-0.2%3:21 PM EST

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To: Stock Farmer who wrote (121034)6/26/2002 10:10:33 PM
From: Andrew N. Cothran  Read Replies (1) of 152472
 
You are right on all points. But since I wanted to be in QCOM since 1998, I took the path of the golden mean: I would sell some and keep some and I would sell some on a trailing basis rather than all at once. I sold some high and then higher and low and then lower. And I kept more than half of my original position.

And I have paid out a lot in capital gains taxes, including the two times that I was called as well as the stock that I sold on the way down.

I am not wed to the stock. I use it as I have described earlier. But I do love the stock for what it is now worth and, even more importantly, for what it can be worth in the future.

I think that smart investors are just now waking up to the real facts regarding QCOM, facts that the good Dr. J has been preaching now for some time.

And I think that Maurice Winn expresses a great deal of wisdom in his funny way. The future belongs to QCOM/CDMA. Asia is waking up to that fact. So is the US. And Latin America. So who give a damn about Europe/GSM/Nokia?
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