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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (3717)	7/13/1999 11:05:00 AM
From: Teflon	Read Replies (2) of 54805

In case you might be curious, Frank, I am selling an additional 40 QCOM October 155 Puts, as well as picking up more shares on this current weakness. Todays price action in the *Q* is a gift. I am hearing that earnings this quarter will be blow out. I agree with Mike that they wouldn't have announced this additional sale of shares into the Market unless Q's management was confident in the current Q's results more than offsetting the negative dilutionary impact of this Offering. Just my $.02, Teflon

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