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Strategies & Market Trends : The Options Box

QQQ 626.14

+0.7%

Feb 2 4:00 PM EST

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To: American Spirit who wrote (1328)	6/5/2000 9:16:00 AM
From: RocketMan	Read Replies (1) of 10876

A lot of buyers will be in that sector tomorrow and QCOM is the leader. I personally will buy all I can get at $64 1/2. Looks like you will get your chance. It's already down to 66 and change pre-market. I try to divorce my trading from my dreams, though not always successfully. I do dream about qcom, dream about it going to 250. But when I read the tape, and see how the competition continues to stack the deck, I put it. As I've said, it is almost inevitable that CDMA technology will eventually be adopted as the worldwide broadband wireless standard. But that does not mean it will happen within the timetable or in the way that is best for qcom. Heck, even the US military is still trying to move away from TDMA to CDMA, and it's been at least a couple of decades coming.

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