Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.23

-0.6%

Dec 22 3:59 PM EST

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To: John Hayman who wrote (6226)	12/12/1997 10:22:00 AM
From: Muizz M. Kheraj	Read Replies (1) of 152472

More bad news all.... I just checked out options to see something and found (with QCOM at 56) that the April 1998 50 Calls (being 6 in the money) are a great deal at 10 3/8. What I also found, unfortunately, is that people are buying QCOM puts in GREAT quantities!!! I don't think this is the SOES. Someone expects a bad announcement...this stock is going down and may definitely break that 52 1/2 barrier.... Somoene just a few minutes ago (7:08 PST) plunked down $95,000 on 100 QCOM April 1998 60 Puts (QAQPL) at 9 1/2. Muizz

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