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Strategies & Market Trends : Options
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To: SecularBull who wrote (1650)1/24/2000 10:03:00 PM
From: Whistler30  Read Replies (2) of 8096
 
LoF;

I've been following your and other people's posts on this thread and find them very helpful. I remain largely a lurker and definitely an options neophyte (2002 LEAPS in GSTRF, QCOM is as far as I'll go). My two major common stock holdings are QCOM and JDSU. Since owning QCOM last spring I've noticed it has a tendency to drift sideways for weeks or months then explode upwards in brief meteoric bursts. If there was a positive bit of news now (along with earnings) ie. a deal with Nokia or China do you think it could so so again? My understanding from following the posts of Voltaire and others here is that this volatility is what makes QCOM have such huge potential in option plays. Does this make sense? Appreciate your or anyone else's opinions.

Whistler
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