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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Buckley who wrote (35539)	7/18/1999 10:37:00 AM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

<<My favorite system: If it don't go up, don't buy it.>> LOL!!! (Please send details immediately.) <GGG>

To: Mike Buckley who wrote (35539)	7/18/1999 2:37:00 PM
From: gdichaz	Read Replies (1) \| Respond to of 152472

Mike and Tim: Wholeheartedly support Mike's mantra My favorite system: If it don't go up, don't buy it. --Mike Buckley Excellent approach IMO. So simple and straightforward we tend to forget it in the attempt to find complicated guides and formulas. Actually this is literally how I found Cisco in the summer of 1990. Easily my best purchase prior to the Q. I had decided to concentrate on networking since it seemed to me that links among computers were the wave of the future. Mainframes and Minicomputers would lose out to linkages. Investors Business Daily had a "Computer" page at that time with major statistical info on computer related companies. I looked for those with the highest PEs and most rapid growth. Then I looked for those making new highs consistently. Cisco passed all these well. Ergo I bought. Used this simple system for several years within the networking area. Worked well. Of course I did do a little DD too. :-) Chaz PS I have found that buying "on the way up" works, while buying on the way down, or hunting for "value"[sic.] or bottom fishing does not.