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


To: tekboy who wrote (10455)11/16/1999 7:48:00 AM
From: DownSouth  Read Replies (1) | Respond to of 54805
 
My 21 year old daughter opened a Roth yesterday with $500. I bought 1 (one) share of QCOM for her.



To: tekboy who wrote (10455)11/16/1999 7:28:00 PM
From: Rick  Respond to of 54805
 
"you know what their plan is? They fully intend to buy [Q] right after the split. Absolutely, no question...they will do it. They think they are in on the ground floor at that point."

At least half of the people I tell about Q either end up saying "I'll buy after the split" or "it's too high right now for me" (based on nothing more than the price).

And these are people who have been in the market for years.
Apparently, any price over $ 125.00 is considered high no matter what the situation.

It does make one wonder why anyone would believe in the efficient market theory.

Fred