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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.17+1.3%10:45 AM EST

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To: Jimbo who wrote (54976)12/18/1999 11:42:00 PM
From: eikos  Read Replies (1) of 152472
 
Chopstix

The January 400 or 420 puts are pretty juicy. Although they've suffered some massive deterioration over the past few days. 360's are too conservative. Better than nothing. But the closer the put strike price is to the stock price the more massive the deterioration. If you want to write a put on these strikes I suggest you do it as soon as possible. After much contemplation, I have come to believe that Voltaire's inference of T's involvement in the handset sale is not only possible but probable. Can't tell you what brings me into Voltaire's camp, only that I've heard rumblings. It's either an earthquake or T's capitulation. Since we never have earthquakes in S. California I have to believe I'm feeling the rumble of T. Not sure how they fit in. But I think they want a piece of China. Maybe this can help open the door for them? Still believe Kyocera is a player as well.

Next week we go to $500. Then on to $650 based on the momentum provided by: the split. the handset sale. The players in the sale. We all know the scenario of course. Voltaire and others have set it out for us. And it will all be history by the end of December. If you want to write a put or buy a call, you had better hurry. Santa Clause is coming. Does anyone just buy stock anymore?
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