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


To: freeus who wrote (49938)11/15/1999 12:20:00 AM
From: T L Comiskey  Read Replies (2) | Respond to of 152472
 
freeus....OT....re< what a laugh..>.....be nice now ms. f.......they are adding fuel to the fire....Gotta Love it eh...?.....Tim



To: freeus who wrote (49938)11/15/1999 1:10:00 AM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 152472
 
Good morning Freeus, Voltaire, Sig, et al (Love that latin)...

I recently jumped on board the QCOM bandwagon, picking up some at 288 and 314. Problem was that I was seduced by the premiums of the November calls. I just started following the stock (and it's momentum). I got caught up with a bad case of premature valuation and ended up selling covered calls on the Nov 330's, when it just crossed over the 300 level. I had no idea that this packed so much momentum. I don't thing that it pays to buy back the calls, this will depend on how the market goes this week with options expiration. In a worse case scenario, I can always buy back the stock. My only concern with this flyer is that it can drop like a rock at any time if the winds change course (seen it happen with other stockes before). Correct me or enlighten me if I am wrong.

Best of luck to all,

David