Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: George Gotch who wrote (26117)	4/5/1999 1:18:00 PM
From: blue_lotus	Read Replies (1) of 152472

Hi George, Why don't you try using "stops". It will save you a lot of headache. Just buy and hold, and keep edging your stop higher. When the stock starts going down you'll finally get out but not earlier. If you are really really afraid of a stampede to the exit door, i.e. gap down (and fear that you don't have your stops placed right), just buy a few out of the money or really out of the money puts. Being out of this stock may be much more of a loss then being in and losing a few puts. -Raj

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