Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

3:59 PM EST

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To: JeffreyHF who wrote (145291)	10/2/2006 10:47:39 AM
From: manalagi	Read Replies (1) of 152472

Jeffrey: If I don't take action when the stock (or any stock, even if it is RIMM) dives by 10%, then I should not be investing. I should just get somebody else to manage my money. By being passive I have the risk of taking even bigger lost. It is hard to take that action because who in the world like to admit of making a mistake? Investing in QCOM these days: is it a mistake or not? Long term investors having a cost basis of $ 1.50/share on QCOM will say: I stay during thick and thin. But is it better to take profit when Q was in the high 40's and pay taxes, than sitting around $ 35 and avoid taxes? Why should anyone consider tax avoidance? The more taxes I pay means the more money I have made. Well, we take losses, that's the tuition in life. Just don't dig deeper when I am in a hole.

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