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


To: METMAN who wrote (27915)4/21/1999 1:06:00 PM
From: Gregg Powers  Read Replies (4) | Respond to of 152472
 
To all:

As for the merits of day trading...

Had you bought QC at the IPO, and promptly gone into a cave for the next seven years or so, you would have emerged with a compound rate of return on your investment near 50%. Most investors get so 'cute' trying to time the swings in and out, that they maximize their cash taxes and snatch defeat from the jaws of high-return victory. Oh well.

All the best,

Gregg



To: METMAN who wrote (27915)4/21/1999 1:58:00 PM
From: George Gotch  Read Replies (1) | Respond to of 152472
 
I have been attracted to the q due to follow through on earnings rather than just the news. I love to see a company put it to the bottom line. After following all the net stocks, I have been out of practice seeing any bottom line. hehe