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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 164.54-0.4%3:59 PM EST

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To: Jacob Snyder who wrote (80782)9/19/2000 4:26:33 PM
From: marginmike  Read Replies (3) of 152472
 
Jacob then sell puts, or just buy the stock. If you believe in the long term story then 75 or 55 is irrelevent. I bought my first shares at 54(6 splits ago). If I had paid 6 or 6.50 would it really matter? The fact is Qcom is an easy double and possible triple over the next 3 years. A triple would give it a 360 Billion MKT cap. If estimates of 4-5Billion in royalties are true, then we are off to the races. If you really feal you missed the boat sell puts, and take some premium. Sell the 01 70 and buy the stock for 61 if it comes down, if not pocket the cash!
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