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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: DaYooper who wrote (30345)	1/11/2019 12:45:45 PM
From: JimisJim	1 Recommendation Recommended By Graustus Read Replies (1) \| Respond to of 34328

Missed that item, thx... strengthens my point that the company is still in chaos and they are losing brain talent steadily, and that's their advantage over most companies -- their people... time and again, as a consultant looking in at struggling companies with great products, when they start buying out people early and/or laying people off, the good people take the buyouts and move on and the less good cling to their jobs as long as possible, not to mention there is a drop off in productivity as employees in the cubicle farms spend a good portion of their days worrying they might be axed next and many conversations in the parking lots, etc. about who's gone, who's left, what the future might hold for them, how will they recover if they are next, some have small kids and/or expecting... That happened to me in 1991 when VRC was laying off and I was a direct hire -- they laid everyone in my dept. off except me and my boss and I was the last one hired, least seniority -- I remember standing on the train platform to go home (I had an hour and a half train ride commute) and we had just found out my wife was pregnant... and VRC not only made the best equipment, they dominated the offshore market with north of 80% market share. So now AAPL will be in town headhunting QCOM employees past, current and former... aside from the never-ending lawsuits between QCOM and AAPL, now they will be competing head to head for the best talent in town and there are thousands of targets over at the QCOM campus. Not saying that QCOM is circling the drain by any stretch -- their IP alone is worth mega bucks, and as I said, VRC went through the sort of thing and eventually emerged just fine (mostly because they had a genius managing their financial stuff and VRC never seemed to run out of cash to fix things when the market improved and they began hiring again. I'm only providing reasons why I sold all my QCOM (as well as my buddy who left on buyout and promptly sold millions of bucks worth of company stock) -- I have no idea how this story will progress or end and that uncertainty is not welcome in my DGI portfolios... only time I've regretted selling in these circumstances was when ABBV split off from ABT... but my wife now has a position in ABBV at a good price, but not as good as my cost basis would have been if I'd held through the spin-off... in every other case, still not clear how it will play out, or things definitely kept getting worse with divvy freezes or cuts, etc. So I'm not a gambler and I don't gamble on what might be in my retirement accounts... there are plenty of good DGI plays out there to replace a holding that is in turmoil -- I replaced QCOM with CSCO (and my wife also got in) and it has been a rocket ship for us, kinda reminds me of QCOM when they were still making a lot of millionaires monthly and growing like a Round-Up resistant weed.