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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST
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To: Voltaire who wrote (49795)11/13/1999 8:34:00 PM
From: jmac  Read Replies (1) of 152472
 
I bought some Q when the Q was at 165 in my ira, i sold some jan 165 calls and reaped a 25% return for just 3 months. 25% in 3 months. Anyone who says they saw this move ahead of time is just plain lying. I only wish I had more. You could buy the Q now at 380 and sell the Dec 380s for 40. That's 10.5% for 5 weeks and it's a pretty safe bet that Q will be higher than 380 come mid-Dec. My gosh--$40,000 in 5 weeks.

Heck, just thought of it. You could sell the Nov. 380s for 20. That's 5% for 5 days.
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