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

To: Voltaire who wrote (49857)	11/14/1999 12:13:00 PM
From: PAL	Respond to of 152472

Most of the people I run into seem to think sudden good fortune will continue on an ever ascending scale, trust me it won't and this stock is no exception. Had an individual that took $20,000 to $900,000 in a matter of about six weeks on AOL options, you know how much he had left three weeks later, $40,000. QCOM's day is going to come! Hi Voltaire: I remember it well a year ago, in two days my ONSALE appreciated $ 78K. Took the family and relatives to big dinner first class all the way. In a matter of days thereafter it started to evaporate. Good think still made good profit, but at much much less. See what ONSL is trading now? This is not compare QCOM with ONSL, not by a million miles. Your sound advice about QCOM sudden meteroic rise will not last forever should be kept in mind, everyday starting Monday. Now I like your three levels of split. QCOM has risen 100% the past few days from 190 to 380. It takes only a drop of 50% to get back to 190. For those selling naked puts, we need not wait until expiry day to enjoy the fruits. Close those positions which are way OTM and the option price is low. Best regards Paul