Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.07

+2.6%

Dec 3 3:59 PM EST

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To: Ruffian who wrote (50723)	11/17/1999 5:23:00 PM
From: Jim Willie CB	Read Replies (1) of 152472

<< even being greedy hoping that some in the money calls will go out of the money by Friday >> RuffDog, this is the key phrase in the FloorTrader's message this could be the match to light the fireworks if a slew of Nov310, Nov 320, Nov330, Nov340 calls are written naked, and QCOM recovers (recovers from others buying and from these naked holders covering), then we will see gradual rise in price first covering would be the lowest strike price naked contracts, then next lowest, etc I smell a chain reaction... lets hope it starts these sonsabitches will attempt to take it down again tomorrow BUT BUT, if some deep pocketed hedge funds coordinate efforts to skewer the naked option traders, it will not be difficult to light the match we will see dont fxxx with Qualcomm this is better than sex / Jim Willie

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