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


To: pass pass who wrote (16797)10/20/1998 12:09:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Things can change. A stock (or foreign exchange rate or whatever) can go sideways in a trading range for a while, and then break out (and bankrupt those "smarty-pants" who believe a trading range is forever).

Jon.



To: pass pass who wrote (16797)10/20/1998 12:26:00 PM
From: gdichaz  Respond to of 152472
 
As one who did - buy at $40 or so a couple of years ago - I am happy as a clam. Once upon a time I thought I was smart and agile enough to pick buy and sell points accurately. And I bought some stocks I thought had outstanding fundamentals to hold. The Q for me was, is, and will be a hold stock - unless the fundamentals change for the worse. But all the fundamentals do is change for the better. The company has been, is and probably will do just great. A truly unique company in a very very strong situation for long term growth. Some blips along the way in the stock price but when and exactly for how long those blips would last, I for one could not predict. Wish you well with your strategy but I have found over the years that multiple baggers come with choosing well and holding, viz Cisco in 1990 for which my base is 37 cents a share. Expect the Q will do well for me over next few years too. Cheers. Chaz