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


To: jmac who wrote (49804)11/13/1999 9:19:00 PM
From: Voltaire  Read Replies (2) | Respond to of 152472
 
Let me tell you,

it is such a sad commentary that so many men in their late fifties that have lost jobs or for whatever reason do not have a good source of income and are sitting on say $300,000 to $500,000 in an IRA or cash account, will die of a Heart Attack or Stroke from the worry and Anxiety associated with their attempt to pay the bills. They do this because they are afraid of spending any part of their vehicle. They go out and work any where, nurseries, cafeterias etc. just to pick up the benefits. My greatest thrill in life other than QCOM going up 100 points in a 12 day period is showing these people the light and seeing their lives change.

I was playing golf with one of these people the other day and he had just received his monthly slip from his mutual fund and his original $500,000 had lost $8,000 over the last three month period. When he told me, I said nope, you lost about $128,000 because you could have earned another $120,000 by writing calls. He is having his account transferred and will now start a new life. Like I said only one greater thrill in the world for me.

V