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


To: Sig who wrote (39304)9/1/1999 3:16:00 PM
From: Boplicity  Read Replies (2) | Respond to of 152472
 
I bought three times today the last buy was at 165 or so. I'm thinking three years from now, when I see a deal like this, I buy. I'm getting tons of PMs now, with the theme of, "Don't DO it" It's going much lower, GOOD let it go down to 120, I would rob a bank, sell the wife, put the kids to work, sell the dogs, maybe my bike, NO NEVER THE BIKE...<gg>

Greg



To: Sig who wrote (39304)9/1/1999 5:54:00 PM
From: Gabriel008  Read Replies (3) | Respond to of 152472
 
Sig, I own Qcom as well. But as you already know I only play options. I bought into the Jan 180's and Sept 170's today adding to my already sizable position. Interestingly enough, the erosion on options was dramatically less than you would expect.The April 180's for example dropped $10.75 on the bid side from yesterday's close indicating that the option market doesn't fully buy into Everen's analysis or the B of A Securities downgrade.

In any event, we should see some real action beginning next week at the Qcom analysts meeting. If management doesn't try to overly manage expectations we could see a significant rally in the stock - possibly as high as $200 by options expiration.
Regards, Gabriel