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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Voltaire who wrote (50484)11/16/1999 9:12:00 PM
From: jmac  Read Replies (1) of 152472
 
Good evening Voltaire... It seems as if the MMs are going to be conent to let some of that excess call premium dwindle away. I haven't reviewed all you rposts tonight. My plan is that the Q stays in here between, say, 350 and 370 between now and Friday's expiration. Next week we should get a test fo that 400-410 area again. If the sale is announced, then we blat through. If not, we meander around for awhile until the sale is annouced. The sale has to be a big deal as I see it. After that, we may see mid 400s to upper 400s pre-split (if the sale is announced pre-split). Still haven't added to my position. Yesterday's swing really spooked me. Will probably add later this week should be not soar before then.
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