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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

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To: JMD who wrote (7433)	1/22/1998 7:04:00 PM
From: Ramsey Su	Read Replies (2) of 152472

Mike, if you want more punishment, I will be glad to give you my disertation on the Asian situation when I have time. Having given it a lot of thought lately, I am reiterating my bearish outlook. If you really care about my thoughts, here is my strategy of the day. Cash if you are chicken. Sell out of the money covered calls on any rally, for the stocks that you want to hold. Short on any rally, stocks that are ridiculously optimistic about the future. My favorite in the last category is Dell and CPQ. If they can maintain their growth rate of the last couple of years, then Michael Dell or Peiffer (sp) should be appointed to replace Clinton next week, when he resigns. Have to run but let me know if you really want a big long boring story on SEA. Ramsey

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