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.

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

To: Bux who wrote (47852)	11/4/1999 6:07:00 PM
From: Rich Bloem	Read Replies (1) \| Respond to of 152472

<<Yesterday's gain of $35/share was worth more to me than my entire initial investment in QCOM. If I had sold along the way, I doubt that would be the case.>> Interesting way to look at it. I checked my situation and yesterday I was up $290,000 and my total investment is 189,474.00. Wow isn't this a fine couple of days.

To: Bux who wrote (47852)	11/4/1999 8:27:00 PM
From: JGoren	Respond to of 152472

Bux, wise words. Yes, holding increases your risk when you have a lot invested in a single stock, but there is no better way to accumulate wealth when you find a big winner. Yet, as Qcom has increased to 75% of my portfolio, it is nearing time to consider taking some off the table. I had not thought of it until you mentioned it, but yesterday's increase was greater than the total cost of all my shares, too. I have a somewhat weird philosphy of investing: Buy the shares, hold them as the value increases through the growth phase of the company, when growth looks like it's going to trail off sell off that number of shares equal to the original investment; hold the rest into retirement and receive dividends every year at least equal to the original investment. Now, to search for another stock that can produce returns like Qualcomm.