Qualcomm Inc (QCOM)

[JeffreyHF]

Pumpkin, I tip my hat to you. History proved you not only to be right, but truly genius. You stubbornly refused to go long QCOM in the Winter of 1999, before their settlement with Ericsson. Had you done so, you would, even in today's depressed market, have 16 times as many shares, years of dividends,and a cost basis near zero. And then, you were smart enough to load the boat long on IDCC at $33, ride it down to $16, and years later come within a few points of your purchase price. At the same time, you rode a multi-year imaginary short of QCOM from $36 all the way up to $56, and then got bailed out by a global recession and liquidation of markets, refusing to cover at $28, and now getting within $4 of the original trade. Of course, you have accrued several years of interest expense against that trade, as well as lost opportunity, and sleepless nights on Prilosec.
Pumpkin, you really are a talented investor, having made a small fortune. (Of course, you started with a larger fortune.)