Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 173.83

+1.3%

11:46 AM EST

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To: Uncle Frank who wrote (61860)	1/12/2000 6:50:00 PM
From: Poet	Read Replies (1) of 152472

Well hi Frank. I had a feeling you'd have a differing opinion from mine and I appreciate your response. My point is that different people have different risk tolerances, different amounts of time to devote to their portfolios, and differing aptitudes with regard to learning about the trading patterns of their stocks. For those of us who have a higher risk tolerance, plenty of time to learn the arcana of options trading, and a keen interest in technical analysis, options (and the use of margin that options require) are a very useful tool in hedging one's core position, as well as accumulating more common. I understand that you've bought LEAPs on two gorillas, Cisco and QCOM. In my opinion, this is a very wise way to increase your leverage on on two stocks with promising futures. You've bought options. Granted, they're long term calls, but they're options nonetheless. You are not willing at this time (but I'm going to continue to work on you <gg>) to consider shorter term options because of the risk you perceive. But some of us are willing to take that risk at times. Different strokes.....

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