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


To: R.V.M. who wrote (58504)12/31/1999 10:47:00 AM
From: Dealer  Read Replies (1) | Respond to of 152472
 
Peter Lynch would tell you to sit on it!!!!!!!!!!!!!!
Try sitting on your hands. Don't get near the phone.....Take a walk.

Good Luck



To: R.V.M. who wrote (58504)12/31/1999 11:29:00 AM
From: im a survivor  Read Replies (1) | Respond to of 152472
 
<<Would it be worth it in a tax-free account to sell today, and bet that Monday selling would let one pick up shares more cheaply?
RVM>>

I suppose if you firmly believed it was going to correct a decent amount, but I personally would not take the chance on something with so much momentum. A couple weeks ago I decided to daytrade 1/3 of my position when we were bouncing from $360 - $400. $400 was tough to cross. I did very well selling and buying back $25 - $30 cheaper.Well, it busted thru $400 and at $450 I thought it would pullback so I didnt buy back the shares. Needless to say we are now $300 higher in 2 weeks. I still hold the other 2/3 and AM NOT SELLING. You take a helluva chance with this kind of demand and momentum of having to buy back higher. Since this is such high quality I find it better to let it sit and do it's thing.

Good luck



To: R.V.M. who wrote (58504)12/31/1999 1:09:00 PM
From: DownSouth  Read Replies (1) | Respond to of 152472
 
Only worth it if your bet wins. Can you time this? I can't.