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Strategies & Market Trends : Ask DrBob
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To: Drbob512 who started this subject7/27/2001 2:19:19 PM
From: stockmarket14  Read Replies (1) of 100058
 
Shoreco:

"RFMD ??? I couldn't resist...I picked up some Aug25 puts...eom "

Contrary to Shoreco's RFMD puts, I have a long position on RFMD for a juicy 50% profit within 2 weeks. I won't bail out until it reaches 35 which is highly possible due to very good perception of wireless sector like QCOM, NOK etc. and positive CC out of RFMD. It has a very strong support around $19-20. So, Shoreco, be careful!
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