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

To: LindyBill who wrote (38212)	8/18/1999 3:08:00 PM
From: T L Comiskey	Read Replies (1) \| Respond to of 152472

LB....OT......re..."Uncle Frank just got burnt selling calls on it, "....Same here...bought back this AM on the dip......took a 9+ point hit.........thought I was "A Wise Guy....."....Ouch..............Tim

To: LindyBill who wrote (38212)	8/18/1999 4:08:00 PM
From: t2	Read Replies (1) \| Respond to of 152472

LindyBill, This stock is volatile!! I took a 20% profit on my options but lost a little on the shares---which i still hold. It is unbelievable how fast the price changes on this one. Hoping it pays off over a longer period of time.

To: LindyBill who wrote (38212)	8/18/1999 7:30:00 PM
From: Percival 917	Read Replies (1) \| Respond to of 152472

LindyBill, I think you hit the nail right on the head. I think we are going to see a lot of volatility until close to the next earnings report. Hopefully we will see an announcement for a split around then. Now if there are just no earnings surprises on the down side!! I don't think for a moment that there will be--Much more likely on the upside.

To: LindyBill who wrote (38212)	8/18/1999 8:34:00 PM
From: waverider	Respond to of 152472

Just for fun I decided that I would try my hand at trading the Q again...my leaps...well, I was REAL smart. I sold at 152 and started buying the leaps back around 145...got a few at 134...bought the last at 147. I am so smart!!!! Right. Sure, oh sure... BUT get this... Considering the huge 2 point spread on the leaps and the unusual habit of not being able to buy back ALL I want at the bottom (anyone else have this problem?)...the profit I made with this entire trick was barely worth it. Seriously. The risk I took by being out of my Q leaps was far greater than the small profit I made with the cute little trade. MORAL. Don't be cute. Stay long and strong. Good luck, Rick <H>