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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: Jill who wrote (54936)12/18/1999 12:02:00 PM
From: PAL  Read Replies (1) of 152472
 
Hi Jill:

Thanks for the kind words: I sold Apr360 at 35 1/2, did not check, yes it has decayed quite a bit. Might look at into 370 or 380. Make sure you choose the s/p you are comfortable with.

A WORD OF CAUTION (especially to those selling April's puts):

APRIL COULD BE A VOLATILE MONTH. 1999 WILL MARK AS THE BEST YEAR OF NASDAQ. UNCLE SAM WANT HIS SHARE. NOT ONLY TAXES ARE DUE MID APRIL, BUT QUARTELY PAYMENT IS DUE AS WELL. MANY PEOPLE WILL HAVE HUGE TAX OBLIGATIONS, AND TAX SELLING MIGHT PUT STOCKS UNDER PRESSURE.


Best regards

Paul

PS: New thread? I'll think about it.
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