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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: Jimbo who wrote (81099)9/21/2000 8:00:42 PM
From: Voltaire  Read Replies (1) of 152472
 
Jimbo,

absolutely. You should buy back any call that will as a result of the sell off lose it's intrinsic value and hence YOUR PROTECTION to the downside. If you do not do this, you are simply saying - I have no protection on the downside and only OPPORTUNITY LOST on the upside.

V
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