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.

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

To: lurqer who wrote (93255)	2/3/2001 3:48:43 PM
From: marginmike	Read Replies (3) \| Respond to of 152472

Its funny I learned a hard lesson in 98 and it saved my ARSE this time arround! I remember watching SAWS go from 40 to 6!(my cost was 19 I backed up the truck). At the time it had a 5Pe great MGMT and sitting on the Wireless sweetspot. It didnt matter, when liquidity departed nobody wanted any part of it. I bought a majority of my QCOM on oct 8th when at 42(6 splits ago), the next day it droped to 38!. It was no fun. I woke up sick every morning when the futures would be lock limit down for 4-5 straight days. My Qcom experience in Jan also helped. Moving at 100g's a point literally gave me Panic attacks, and I am lucky I had the constitution to cut and run. The first time I sold my Q, some of which I owned since jan 98 I fealt like I gave birth. It had been such a trying, emotional experience. At the time Smart Money magazine was doing a Q piece and I was being interviewed for it(never published). The guy interviewing me must of thought I was a kook.