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


To: Wyätt Gwyön who wrote (45670)10/22/1999 9:59:00 AM
From: jmac  Read Replies (2) | Respond to of 152472
 
I sold the Nov 240s late yesterday. Got 7. So, if QCOM closes above 247 in three weeks, I'll be a very happy camper.

Just a note, you can get over 30%++ annual return by buying the Q and writing the Jan 2000 calls, strike price right at the money. Darn safe bet Q will be higher one year from now.