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

To: JGoren who wrote (38243)	8/18/1999 9:42:00 PM
From: jmac	Read Replies (1) \| Respond to of 152472

I am not day trading. I have had huge gains in this stock. The move from 130-200 took, well, a month or so. Unbeliveable! I have been in and out only twice then. That's not trading. I have had gains each time and simply don't want to see it evaporate. I am now investing in the Q through options. The upside is still, almost unlimted and the downside is limited. This is the Aug/Sept. timeframe and I am not going to watch my investments tumble a potential 20%, 30% or 40%. I got all of it back last year by holding on. But, I would have been much better off doing what I am doing now. Holding options and buying back in if the options expire worthless because the underlying stock tumbled. I was born nervous. Evem if the market was non-volatile, I would be nervous. In fact, I am more nervous when the market goes up than when it goes down. Go figure. Thanks for your input. Thanks to the others who have responded as well.