Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: llwk7051@aol.com who wrote (32336)	6/15/1999 9:35:00 AM
From: Art Bechhoefer	Respond to of 152472

Robert, thanks for filling in the details on manipulation, and warning about the futility of short term trading. This warning should also be applied to options trading, except for situations where an investor is in a position to sell covered calls with expiration dates at least three months in advance (to take advantage of the premium). Once the covered calls are sold, they can be bought back before expiration, if the price of the stock falls sufficiently. My own strategy is to use these fluctuations as buying opportunities when the stock is low, as it is now, and opportunities for selling covered calls, as occurred a little over a month ago. Maintaining a long term outlook for price appreciation, I think this strategy can actually REDUCE the risk of holding shares like QCOM.