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

To: Voltaire who wrote (37716)	8/5/1999 11:17:00 AM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

Thanks for the reminder, nephew. No problem, though; I've got a firm grip on this stock and won't let go <g>. Seeing the great returns from the august covered calls I wrote last week has had a very soothing effect (though it is a weak hedge play due to the strike price I chose). Frank

To: Voltaire who wrote (37716)	8/6/1999 10:54:00 PM
From: Captain Leap	Respond to of 152472

Voltaire, what do you think of this QCOM rally. I have been accumulating QCOM as it broke through 140 and am encouraged by it's recent action. I am very confident of its 6 month performance prospects...we know that the company will generate great news (e.g. when it actually replaces Transamerica in the S&P, next earnings run, perhaps a split by year's end, and positive wireless technology snippets). But how about the next month or two? I suspect that the market has baked in a 25 basis point Fed hike already (Macro)...and the company had it's near 20% correction...with compelling micro factors, this baby should scream when any fund manager looks down the list of what to buy first... Your thoughts? Captain Leap