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


To: Wyätt Gwyön who wrote (76536)7/13/2000 12:13:47 PM
From: Uncle Frank  Read Replies (2) | Respond to of 152472
 
*** OT *** >> QCOM was a Buddha for me as for many, but when the model/idea/ideal/image of QCOM started to overtake my perception of the world as it unfolds, it was time to bash the statue. I cashed out all my QCOM at an average of 126...

With all due respect, MM, it sounds like you're confusing your own lack of nimbleness with Gorilla gaming. I began reallocating when Q was at 170. But unlike you, I have kept a significant position in Qualcomm, since I believe in its long term potential.

>> But I can tell you that my total returns are, ahem, slightly ahead of the market averages.

The markets are virtually at zero ytd; I hope you're doing a lot better than that <gg>. Just don't forget to take some reserves for the massive tax liability you incurred when you cashed out of Q. If you're investing that money, you're effectively on margin.

uf