Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: H Peterson who wrote (24907)	5/17/2000 2:45:00 PM
From: Mike Buckley	Respond to of 54805

H Peterson, I have 100% Qualcom in my portfolio. Given it's only 19 shares I am really excited about them. Especially since it's only 19 shares, I'm really excited that you told all of us. I hope this folder always fosters an atmosphere that the youngest and/or most novice of investors will feel comfortable posting here. Saving and investing starts with the smallest amounts of capital before growing into meaningful amounts that provide people more options in life. --Mike Buckley

To: H Peterson who wrote (24907)	5/17/2000 3:01:00 PM
From: kumar	Read Replies (1) \| Respond to of 54805

<commissions are killing me> check out if sharebuilder.com is appropriate for your needs. I have no affiliation or account with these folks. just a URL I'd "tucked away" for potential use at some time. cheers, kumar

To: H Peterson who wrote (24907)	5/17/2000 3:48:00 PM
From: Apollo	Read Replies (1) \| Respond to of 54805

HP: after I read that Fish Lips had the highest percentage of Qualcom in his portfolio of the people responding, I decided to take that title away from him. I have 100% Qualcom in my portfolio. Given it's only 19 shares I am really excited about them. Strong work. Congrats on your steady Qcom accumulation. You should consider posting more. But when you do, be wary of assumptions. FishLips is a woman......a scuba diving, early-Qcom investor; a novice like many of the rest of us, without extraordinary beginnings, who nevertheless beat most of us to Qcom, and who profited accordingly. <g> It's a great thread, isn't it? Apollo

To: H Peterson who wrote (24907)	5/17/2000 4:28:00 PM
From: freeus	Read Replies (3) \| Respond to of 54805

re100% Qcom and buying one share at a time Too bad Qcom doesn't have a DRIP plan. But why not put the money into the "cash reserves" or whatever Etrade calls it and buy a few stocks at a time on dips instead of one at a time? Freeus And good luck: 19 shares is a start!

To: H Peterson who wrote (24907)	5/17/2000 4:43:00 PM
From: fish	Read Replies (2) \| Respond to of 54805

H.Peterson, <I have 100% Qualcom in my portfolio.> Congratulations, you're #1. Good work. fishlips@#2.com PS:(Qualcomm - has 2 'm's. I heard Dr. Jacobs tell how, in their very beginning, they considered at length whether to have one or two 'm's in their name.)

To: H Peterson who wrote (24907)	5/18/2000 12:16:00 PM
From: StockHawk	Read Replies (2) \| Respond to of 54805

>>I dropped out of my company's 401K ...I still invest the same percentage although I realize it is not pre-tax dollars but I think I can do better in G&K stocks over the long haul compared to what they were invested in. Every two weeks or so I just buy another share of Qualcom. Commissions are killing me by buying one share at a time, (E*Trade @ $19.95... A couple of thoughts, they may not fully apply to you, but might be helpful if others in similar positions are considering similar moves. First you really should move to Sharebuilder as Kumar suggested. With QCOM at $100 per share you are paying a 20% commission. Also, most 401K plans provide a company match, often dollar for dollar or at least 50 cents on the dollar. That can make a very big difference, even if their investments are poor. If you put $100 pre tax dollars in you start off with $150 or $200. If you instead receive after tax dollars you may get $75 or $80 after taxes depending on your fed/state brackets. Take out the commissions you are paying and you have perhaps $60 to invest out of that $100. It will take a good bit of performance before that $60 catches up to $150 or $200. StockHawk.