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

To: Poet who wrote (46852)	11/1/1999 1:57:00 PM
From: Kayaker	Read Replies (2) \| Respond to of 152472

Just sold a bunch of Nov 200's and exercised 3 calls (bought 300 sh at $200 each). Not to flog a dead horse here, but you are giving away money by exercising your calls early. You had the right to wait until Nov 19th to exercise the calls, so the money you paid would be better off invested elsewhere until then, even if it was just left in a savings account. Waiting also gives you valuable time to see if anything in QCOM changes for the negative, in which case you might decide not to exercise. Just my 2¢. Everybody wait just one second here til I find my helmet.