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

To: MMW who wrote (37829)	8/8/1999 3:44:00 PM
From: voop	Read Replies (1) \| Respond to of 152472

I am simply not convinced the momentum play would make a serious money ina long run except contributing a quite bit tax dollars. Can not have the latter without the former Voop

To: MMW who wrote (37829)	8/8/1999 3:53:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 152472

I think Lindy is lucky so far. He has been jumping in and jumping out MSFT, AOL, and CSCO. Now, he is in QCOM. Ouch! Am I really that "MO-MO"? Maybe so. I was in Q for 2 years after the IPO, and got out when I was convinced it wasn't going to move. I moved to softie and Intel, and stayed until they slowed down. I then added Dell, Cisco, and AOL from some of my Intel and softie profits. I then jumped back into Q big-time. In between I also played around with a lot of "shiny pebbles" until I learned better. Was the fact that I have it all in a 401 and a IRA a big factor? You bet is was! I would have moved much less if I were paying taxes. I tried to time Cisco and softie last year, and was an utter failure at it. This whole thing, to me, has been "earn while you learn" time, and I have been very lucky not to get caught big time. Investing into the greatest bull market in the history of the world certainly helped! I now intend to stay in Q long term. But I will use my position to play any moves that look good. We have a situation coming up on softy with the DOJ decision that could be a real moneymaker if softy wins. If the press reports the decision as a win for Gates, buy with both hands!!!

To: MMW who wrote (37829)	8/8/1999 3:56:00 PM
From: Uncle Frank	Respond to of 152472

>> don't see the parallel between Lindy Bill and Warren Buffet or Peter Lynch My comments were tongue in cheek, MMW. LindyBill is a great investing companion of mine, and I am delighted by his success story, but am not suggesting his style is one that you (or I) should adopt. I do think there is a lot of merit in his Russian Army approach, though, and so do the authors of the Gorilla Game. They wrote: As the gorilla emerges, sell off the rest of the basket and consolidate your holdings in the gorilla. This is the most counterintuitive aspect of the gorilla game. You consolidate, not diversify, to reduce your risk. LindyBill has carried this approach to the extreme, by concentrating his investments into one stock in one sector. I, on the other hand, have taken a more conservative approach and have 3 stocks <vbg>. Frank