Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 155.75

-1.3%

2:06 PM EST

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To: xiang chen who wrote (165)	10/30/1996 8:10:00 PM
From: Elmer Flugum	of 152472

hello xiang...i presently have nov. 35 puts and do not expect to have to buy stock in three weeks...however, i have just come to the startling conclusion that on nov. 15th, options expiration date, the FMOC is to meet and determine whether the state of the economy warrants raising or lowering the discount rate charged to member banks to fulfil deposit obligations....this could be bad for the market especially on this day... i would not be afraid to have to buy qualcomm at 35 because this is a winning story and time is the determining factor now...best of luck and hopefully the numbers and timing will be with you.

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