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

To: JohnG who wrote (41749)	9/18/1999 12:46:00 AM
From: RoseCampion	Read Replies (1) \| Respond to of 152472

Can't understand why people are talking about splits or spinoffs (which do affect options symbols) when nothing like that's affected Q since June. MileHigh - yes, different prices can (and do) exist on the different options exchanges, but (as you point out) exchange arbitrage quickly brings things back in line - MM computer sell programs could rake in a fortune on a 1/16 point difference - there's no way a 7+ point difference could ever exist on different exchanges on the same option. JG - I think John Kouba and I have it right - sometimes CBOE needs to move an old symbol 'out of the way' to make room for a new strike on another equity - think of it as cleaning out the pantry and relabeling the jars. Tomorrow or Sunday AM our accounts should look right as rain with lots of ZLUAF and the like. cheers, Rose