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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?

To: manalagi who wrote (1022)	8/21/2007 12:34:04 AM
From: golfinvestor	Respond to of 9129

Why not just sell 50% of your holdings. That way you will only be half as mad when the stock finally pops! <g>

To: manalagi who wrote (1022)	8/21/2007 1:11:39 AM
From: thinkclear	Read Replies (3) \| Respond to of 9129

Manalagi & C2, re:cost basis of stock I think that it is incorrect, other than for tax purposes, to consider what price was paid for a stock. The real question is; where can I place my money for the best risk adjusted return now? For example, it does not matter if your cost basis for a share of qcom is 2$. If you sold the share at market value and paid tax on it would there be a better place for your money? If a dividend is what you are after and not appreciation (assuming qcom is dead money for the near term) then you would earn a larger return with your money in other stocks. How often do you hear someone say that as soon as stock xyz is back to the price I paid for it, I'll sell it and buy some abc. Well, from where the stock is now, it should be considered where is the best place to have the money now. -thinkclear@Iprobablydon'tmakeasmuchmoneyinthemarketasyoudo