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


To: METMAN who wrote (27935)4/21/1999 2:31:00 PM
From: 2brasil  Respond to of 152472
 
$190 2.29 pm



To: METMAN who wrote (27935)4/21/1999 2:50:00 PM
From: Jeff Vayda  Read Replies (2) | Respond to of 152472
 
Metman: Sorry to jump in, but it has been evident for some months that the 'Ramsey Vacation' effect is no longer in force. The thread has discussed numerous new effects but I would have to characterize my 'intent to buy' effect as the current driver. On April 19 when the Q was drifting down to the 125-130 area, I pronounced in post 27415 that I was moving money around for a Q buy. This comment was intended to stop the stocks slide. It did that quite nicely, although I had thought it would only be worth a 10 - 15 point rise. Upon further investigation of the 'intent to buy' effect, I see that the correlation carries until the sale is completed - at which time I fully expect history to repeat itself and for the price to fall.

Now here is the dilemma I face: The Q will rise from when I announce a buy until my sale is completed. The longer it takes me to complete the sale, the less money I make, but the higher the stock price rises and the more money everyone else makes. Therefore, as I am a very nice person, I suggest a collection be taken from all the Q holders and given to me. In this way I will not stop the Q train and I will be able to profit from it also. Seems like a win - win situation to me, what do you think?

Jeff Vayda