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


To: YlangYlangBreeze who wrote (46842)11/1/1999 12:56:00 PM
From: Cosmo Daisey  Read Replies (2) | Respond to of 152472
 
quebrada,
If you have positioned on the pullbacks you shouldn't have any worries. I have bought the pullbacks several times, most recently 200 @ 193 for an immediate gain of enough to pay the margin interest for a long time. Margin allows exponential growth in your portfolio and smart investors use the maximum available. There will always be nay sayers who have little tips like "don't hold margin into earnings" but Q* blows out the numbers frequently so I am comfortable adding up at earnings time. Q* wants shareholders to authorize additional shares most likely for a 2/1 split. The notion that margin is somehow connected with event timing is not valid.
cdaisey@wharton.edu



To: YlangYlangBreeze who wrote (46842)11/1/1999 1:18:00 PM
From: SpudFarmer  Respond to of 152472
 
quebrada: Did we hit 230? : ) Ha, ha.

I agree with Cosmo Daisy. If one can't stand to miss out on an upside run, then hold on. If one can't stand a large dip in their portfolio, or margin calls, then lighten up (taxes aside). Everyone has a different tolerance, and comfort is subjective. (Broker margin allowance aside)

I do not mean to make people nervous by saying that I don't "hold margin into earnings". I'm sorry if that has happened. It is just a cautious habit of mine with Q. It is also to be able to take the extreme advantage of dips if they do occur. If a dip occurs, I can take full advantage, while still holding a large chunk. It's just me, and I lightened up this morning.

Again, sorry if my statement caused some worry. That was not my intention. Everyone has a different style, as long as we all make $$$$$, 1 or 1M, great! OK?

Q rocks, it is just a matter of time...