Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: alanrs who wrote (95131)	3/3/2001 2:04:25 AM
From: jazzcat2000	Read Replies (1) of 152472

If you buy 03 leaps now, you are saying that the price of Q will never be lower than it is today. In fact , you are betting that there will be a slight steady appreciation of Q's price just to remain even, meaning that if Q's price does remain fairly constant for the next say 6 months, you would actually lose some value in those leaps. I'm a strong believer in buying close or closer to the money call options out perhaps 2-3 or even 6 months and then be prepared to either sell or execute the options once you have hopefully realized some appreciation. JMHO.

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