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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.690.0%Dec 24 12:59 PM EST

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To: Jim Willie CB who wrote (51027)11/19/1999 12:03:00 PM
From: Uncle Frank  Read Replies (3) of 152472
 
I don't know how to interpret this as an indicator, but the spread on qcom 320 2001 leaps has moved from the usual 2 points to 5 points today.

ZQIAD: bid 119 1/4, ask 124 1/4

I presume this is volatility related... Can anyone shed some light on this phenomena? My guess is the market makers are trying to discourage purchases of calls.

uf
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