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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: BDR who wrote (3260)	1/16/2002 12:45:37 PM
From: FaultLine	Read Replies (2) of 5205

Hi Dale, I'm into QCOM at $52 (avg) and I'm getting a real bad feeling about the near and midterm (1-2yr) prospects. The telecom markets (and world markets in general) are a mess and not looking very optimistic. I believe the Enron situation too puts pressure on the QCOM price due to the oft discussed oddities found in Q's financial reporting. I'm hoping we can get back to a break even for me then I'm considering pulling out and waiting a while or looking for another opportunity. --ken

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