Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.65

-3.1%

1:07 PM EST

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To: Voltaire who wrote (53400)	12/10/1999 9:53:00 AM
From: Jim Willie CB	Read Replies (2) of 152472

that is because the MM's are trying to bring it down against the market's wishes and against the demand dynamics they try to bring it down so they can purchase more shares, and at cheaper prices so expect lower volume in the futile attempt to bring down expect higher volume after it fails, and even MM's buy all within the day a reminder about a dislocation in the system in November: as we approached Nov option expiration, MM's were deeply short on QCOM option calls... they had to cover... we saw no serious volatility to remedy their situation... in all likelihood, MM's rolled over from Nov to Dec option calls in their short position THEY WILL NOT WANT TO ROLL OVER FROM DECEMBER TO JANUARY this could result in added fuel to the Q rally fire soon with Dec options expiring next Friday (5 trading days) anyone else see Louis Navallier this morning early? / Jim

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