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Strategies & Market Trends : Options
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To: RocketMan who wrote (1808)1/27/2000 8:11:00 PM
From: JustLearning  Read Replies (1) of 8096
 
RocketMan, Poet, Edamo, rr5:

Thanks for taking the time to share your experiences. I have a few things to think about, but I am planning to buy 2002 LEAPS by averaging my buys in three separate chunks. I would like to buy the first third as soon as possible.

I think QCOM is struck in this trading range until end of Q3; When operators start demanding phone manufacturers for 1xRTT compatible phones, we should see a huge surge in handsets sales (new subscribers and replacements), and consequently higher ASIC sales and royalties. However there is an outside chance that some good news like Nokia or China deal gets announced and Qualcomm could move very quickly.

I joined SI last August, but have been busy with work and could not spend any time here. Looks like I should have, considering the explosive move by QCOM in the last 6 months. I would have made much more $$$ learning about investing than at work <GGG>. I appreciate your taking time to share your experiences and hopefully I can contribute something useful in the future.
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