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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.72-4.4%Nov 4 3:59 PM EST

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To: Poet who wrote (46864)11/1/1999 3:45:00 PM
From: Kayaker  Read Replies (3) of 152472
 
I'm not the most mathematically sophisticated person on the thread (calling Jim Willie!)

The nice thing about it is that it doesn't really require any math. If I buy a call and have decided to exercise it, and the only question is when, then it doesn't matter what I paid for it, and it doesn't matter where the stock price goes (unless of course the bottom drops out). The only question is, do I want to pay now, or wait til later (expiration day). Not a big deal with November options, but I've seen people say they've exercised LEAPS. Not good, considering all that could have been done with the money (paid for the shares) over the next 1-2 years. Just my 2«½. Perhaps one or two of the full time options trader types could add their 2ó½.
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