Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.18

+2.0%

10:15 AM EST

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To: Richard Knox who wrote (21136)	1/12/1999 2:53:00 AM
From: Spaw	Read Replies (3) of 152472

Rich, I am not crazy about out-of-the-money options, unless the stock is white hot, like AOL or CMGI or one of those. I would be happier to buy the QCOM Feb. or Mar. 60 calls. Best deal. This mini-rally should continue, but you might see the stock at 60 by the end of the week. More likely 65-70, but who knows, eh? I would really favor the March 60 calls with a hedge, like an even size in the 55 puts or half size in the 60 puts. That would be the judicious trade. If you're bullish in an unbridled fashion, buy the Feb. 55 calls straight up. --spaw--

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