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To: pinhi who wrote (13783)	4/15/2000 4:12:00 PM
From: Poet	Read Replies (3) \| Respond to of 35685

Hi Pinhi, This is a guess, but here goes: I think the Naz will gap down and sell off tomorrow, so I'm not sure we'll get an opportunity to sell at the prices we want. We may have a relief rally in the afternoon, at which time I'll be buying protective puts on my QCOM (kinda like writing covered calls, it's a hedge), as I really don't want to sell. If you're thinking about selling with the intention of buying back lower, consider what your cost basis was and the fact that selling is a taxable event. On the bright side, I think QCOM is a real gem and you're smart to have it as your largest holding. Good move. And good luck to you with whatever decision you make.

To: pinhi who wrote (13783)	4/15/2000 4:22:00 PM
From: Cosmo Daisey	Read Replies (2) \| Respond to of 35685

If you are planning strategy on Q* consider the time value of holding your position. If you are ahead and are looking for further weakness then sell and buy it back on the pull back. If your position is underwater be aware you can't take a loss on your current stock if you buy back within 30 days. If your account is an IRA it doesn't make any difference from a tax posture. I agree with Poet and I think Q* will be cheaper. Another strategy is to hold here if your account is cash and use margin to double up when you feel the bottom is in place. Don't let ego get in the way of putting on good trades. Some accounts have huge gains this year and the recent and continued selling to meet margin in certain stocks will slow their recovery for at least 30 days and many broken stocks will never come back. Look at the tech stocks that were performing last September and those are the stocks that will come back. QCOM, JDSU, NT, CSCO, ORCL, EMC, there are others also. Keep in mind a bear market has never ended on a Friday or Monday. From under the porch cdaisey@eighty%cash.com