Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.87

-0.7%

2:14 PM EST

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To: JohnG who wrote (44895)	10/15/1999 12:03:00 PM
From: RoseCampion	Read Replies (3) of 152472

The 10/15 AAOJT's are down to $1.25. Anyone want to fes up to owning a few of these. I'm not proud, John. DCA'd this morning by doubling my stake in them at 1 3/8 - if we can hit ~205 intraday I think I'll break even overall (the first batch being bought earlier at a _much_ higher price, live and learn)... (Looked possible a bit ago when we topped 203, but don't know now...) -Rose- PS: Jill and Uncle are right. Don't mess with short-term options. I repeat very strongly: playing with options is fine, but stick with DIM calls, LEAPS, or both. The others are seductive Sirens, singing pretty songs of great profits just beyond the next bend - but they are not worth the risk, pain, stress, and most importantly, the distraction. If I hadn't been messing with the AAOJTs this morning, I could have picked up some more long-term goodies at a great price. The lost opportunity in these is probably a greater loss than if I had just dumped these contracts and moved on.

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