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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Apollo who wrote (27674)7/11/2000 1:28:10 PM
From: DownSouth  Read Replies (1) of 54805
 
My view is very, very bullish for QCOM in the long term, but wanting my money to work for me in the shorter term.

(I am also doing this because its the closest thing I can come up with to "sitting on my butt" without actually sitting on my butt. <g>)

I am taking the following actions:

1. Selling a few hundred shares of QCOM each day.
2. Buying QCOM '03 ($80) LEAPS to exactly substitute what I am selling. (LEAPS substitution therapy)
3. Buying some of my favorite Longs with the proceeds (PMCS, BRCD, ...)
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