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


To: ratan lal who wrote (30390)8/24/2000 5:26:21 PM
From: shamsaee  Respond to of 54805
 
Completely agree and probably why I am 82% invested in qcom today.It used to be higher but its not who gets out of the gates first but who finishes first at the end of the day.I have made myself a promise not to pay hard earned money for any stock that is at excessive valuations.I will also not hesitate taking profit when they get to silly valuations.I have no tax consequences which makes it easier.

When one buys stocks at extremely high valuations you are putting faith into management executing their business plan to perfection and the market not changing and being constant which in todays world is a hard combination.