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To: jeremy_atticus who wrote (2780)	2/5/2000 11:48:00 PM
From: Sully-	Read Replies (1) of 35685

Don't get me wrong jeremy. I watched QCOM closely & did considerable DD before my first buy in 4/99. I loved the story, but didn't buy right away. I watched the Q run & run before I got on board. Of course, it was correcting big time, so I got to experience Q's volatility from the get go. On the subject of QCOM options - I see that there's folks buying July 200's & predicting Q making PW's $1,000 (pre-split) by July. I was thinking of selling July 220's. I am very bullish on QCOM, but I am having a hard time justifying QCOM's EPS supporting $220 by July. I don't want to get called if at all possible, although I would be able to retire if I did @ $220 ;-) Any suggestions? I'd like to keep my shares & I saw the July 220's attractive. Am I really underestimating QCOM? I'm just starting to use options, so I'd appreciate any input. TIA

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