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


To: carranza2 who wrote (106512)10/8/2001 3:48:01 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
You forget the most important part of my comment about LTB&H...

the market has put the LTB&H thing out to dry...FOR NOW.

No doubt it will return. I usually does. Now let's look at the next thing you said:

>>>Assuming that I would have sold on January 1, 2000, making a fantastic profit, the question would have been: What now? Have I sold Q against my plan, which includes cashing in on its 3G lock and the promise of HDR, as it was called then? What would I have done with the profits assuming a January 1, 2000 sale? Invested elsewhere, for sure. Given the market's action since January 1, 2000, I would have in all likelihood lost my shirt and given up my plan all at the same time.<<<

Hindsight stuff is pretty silly, but what the hell. What would I have done? Yeah, I probably would have reinvested and lost the same if not more. Actually I did sell a chunk on the last day of 1999. I took a lot out to pay off things but kept the rest in...and watched it vaporize. But that was then, this is now. A lot has changed...especially my experience.

We both know the timing arguments. No need to rehash them. Just let's say everyone's main objective is to:

1. Save capital.
2. Make more capital.

In that order.

I've satisfied the first. Trading at the moment is giving me the second. We'll see in a year what will come of a LTB&H thing with QCOM verse trading stocks in general. Since I was in all cash until a small trade today, I'll buy a 1000 shares of Q for a fictious account and compare it with trading. I promise I'll let ya know the difference. Come haunt me around Halloween '02.

<H>