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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: waverider who wrote (7320)1/20/1998 4:29:00 PM
From: blue_lotus  Read Replies (2) of 152472
 
Hi,

Good Move on the leaps.... I have been adding leaps and stock too...

But I think that at these low levels stocks are just as good or better..

For instance, to double your money on the LLUAN, the stock needs to be at $90 (year 2000). Well if you bought the stock at $45, you would double your money at $90 too...

Ofcourse, if the stock goes over $90 (in 2 years) than the Leap has greater % growth than the stock...

Also, there are other leaps like the $40 Jan 2000 leap at $19 and so on that have better figures... more premium but have more intrinsic value too...

Bottom line, at this point any direct or indirect investment into QCOM would be very good given its valuation level.

-Raj
P.S: For the record I think we should see $90 this year itself....
In which case your leaps might make you really rich...
Go QCOM!
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