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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 9:30 AM EST

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To: John Cuthbertson who wrote (13285)	8/4/1998 7:16:00 AM
From: gdichaz	Read Replies (1) of 152472

A note on taxes: Yes, in my experience over the years the attempt to wait just a couple of weeks or days - such as from sometime in Dec to Jan (the next tax year) or until hit the long term - 1 full year - lost money for me in comparison to selling when I had decided to sell and to hell with the tax consequences. Just a fact. Now, admit that my style is to pick emerging technology trends and then choose a couple of leaders I think should benefit. Then I try to move to the one doing the best. Otherwise, I only sell when I think the fundamentals are changing or have changed. So in a way my experience is probably a bit skewed by that. Clearly if all things are equal, taxes should be taken into account - but controlling, no. Just IMO. Chaz PS Find that the "advice" re picking stocks and riding their growth and the historical long term market upward trend vs worry over market swings is right on. As usual, find Gregg's approach makes sense to me. But then as that is hardly a surprise. :-)

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