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

To: 100cfm who wrote (47242)11/2/1999 8:06:00 PM
From: waverider  Read Replies (4) | Respond to of 152472
 
You might want to hang on to those options, unless they are Novembers. I plan on continuing to hold my Jan $200 for some time. Don't get hung up on the "don't get greedy" thing. This stock is still cheap...and will only start to reflect true value at $375 (based on future eps of $5 which I think is reasonable now).

Rick



To: 100cfm who wrote (47242)11/2/1999 11:00:00 PM
From: The Reaper  Respond to of 152472
 
If this is your first option trade... you might try selling half your position first thing. This alleviates a lot of the pressure. If the stock continues to run you participate. If the stock doesn't run, you're playing with house money. Takes a lot of the emotion out of it. Bad decisions are made under duress. That's what I'm doing.
Message 11784040

kirby


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