Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (5804)	9/1/1999 7:55:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 54805

What is going on with Qualcom? Same ol, same ol, guys. We had to have a reaction to the runup on thin volume, and we had one. My situation is unique, and I probably made the wrong move today. I pay no taxes if I sell because everything I have is in tax sheltered accounts. It would have been logical for me to sell out 100% this morning, and buy back in on a bounce tomorrow or the next day. I will watch it closely tomorrow, and, If I think it is running down another 15 to 20 points, I will try to time it. I am terrible at doing this, so I probably will get caught, but the temptation is there. I would be back in 100% in any case.

To: Uncle Frank who wrote (5804)	9/1/1999 8:27:00 PM
From: Jill	Respond to of 54805

Unq, you started this thread as a discussion...you are not responsible for Qualcomm or any other stock, we are all in the discussion together. Whether this company grows into a full-fledged gorilla is a different matter than in this liquid global volatile daytrading market making market, a stock that has a lot of momentum and huge swings is a target for daytrading, shorting, etc. One point we've made on the thread is that with the huge expectations, Q is vulnerable if it doesn't meet those expectations, which are built into the stock. I think we've all discussed this. Perhaps a day like today makes some of us a bit more cautious, but having seen the mysterious run up on the 31st and then the crash today, I can't help but figure it was manipulated to make good money for window dressing going up, and then good money on shorting going down. Maybe I'm a cynic. And again, this says nothing about Qualcomm's possible bumps on the way to hopeful gorillahood... Jill