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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: Uncle Frank who wrote (98480)4/29/2001 5:18:02 PM
From: McNabb Brothers  Read Replies (1) of 152472
 
Uncle Frank,

Some of Greg's post can be quite confusing and I was trying to get him to explain to me what he was doing.

By the way, not only do I sell covered options I also trade naked options and have been for about 8 to 10 years, just ask Greg! Naked options are a whole different story, but not a lot of difference than going short a stock. I also only sell options because of the time value and if I think a stock is worth buying options on it I will purchase the stock itself! I will not buy time value that will waste away. Always sell time value, for it is a wasting asset that will loose 100% of it's time value!

Going to the Eleven Point river to cook out will be back about 9:00!

Hank
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