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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.10-0.7%11:09 AM EST

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To: IngotWeTrust who wrote (89752)12/10/2000 1:24:36 PM
From: The Verve  Read Replies (1) of 152472
 
49'r,

"Translation...$75 doesn't stand a chance of being where it Q will close option FRIDAY, but there will be at least a
PLAYABLE, CHEAP THROWAWAY $10 price depressing effort in options expiry week to go TOWARD the $75 level."

Could you translate that for a simple minded, slow study like myself? Are you saying based on Max Pain that forces behind Q are inclined to move Q downward, to the $75 level? Or some market makers are gonna do their best to lop off 10 bucks next week?

TIA

Verve
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