Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 181.30

-0.5%

Dec 11 3:59 PM EST

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To: The Verve who wrote (89753)	12/10/2000 2:01:02 PM
From: IngotWeTrust	Read Replies (1) of 152472

I'm sorry, Verve, I thought I was plain speaking. I said and am saying that you'll know next week (in my opinion about Wednesday) that it is a good bet to write Q options (like write the call) BEFORE WED's close, that is a $10 strike below whatever Wednesday's closing price looks like it is going to be. IT IS A VERY HIGH PROBABILITY "guess" that Q will close approximately $10 below that Wednesday close on expiry Friday as the market makers deliberately take it in the direction of $75. I don't expect them to get it down any further than $10 from Wednesday's close. This any better? O/49r

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