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


To: jmanvegas who wrote (65320)1/30/2000 8:39:00 PM
From: marginmike  Read Replies (3) | Respond to of 152472
 
Jm the problem is I already made a fourtune, dont need to wait. I just wanted my profit in the bank and some time to collect my thoughts. I love Qcom, but would be lying if I told you I thought it was cheap at 150. I was planning to sell on pop after earnings, I almost sold Jan 3rd, but was so sure earnings would be great I didnt. When it gets cheap I will buy again. If it doesnt I may not get in and live very nicley on my $$$$$. I caught the botom dont need to catch the top. I was in at around 6 a share. My issue is more with overall market valuations then with Qcom's. If naz was at 3100 again and Q was at 149 I would buy, however Naz had a 90% gain last year, we need to retrace some, and with Q SLUMP comment Q will get beat up with the rest. I didnt want to sit out another 6 months to make more, when I already have enough. Bulls and Bears make money PIGS get slaughtered.