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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 173.83-0.5%3:21 PM EST

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To: SgtPepper who wrote (12364)6/15/2000 3:06:00 PM
From: jmac  Read Replies (1) of 13582
 
I am flabergasted as well. This whole stock manipulatin thing has got to stop. Where the hell is the SEC? Did CDMA die today? Is it not going to be used by every country in the world?

But, with all of this pessisism (too many "s"), call premium is at an all time low. The Jan 2002 60 calls are at 25. The stock has to close below 85 in Jan 2002 for this to be a losing trade. In addition, should the stock fall to 50 as Chase predicts, over the next few months, these calls may go down to 21. Very low risk to reward ratio.
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