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

To: marginmike who wrote (50615)	11/17/1999 12:50:00 PM
From: JohnG	Read Replies (3) \| Respond to of 152472

MarginMike. Welcome to the Thread, I appreciate your contribution. I see no problem here. I meant to post this week end that with third Friday options expirations comming up this week, the stock would likely tumble this week to reduce the value of the calls. This has happened repeatedly when Q has been up considerably the week B4 the expirations date. Voltaire has a little swell head due to his success in predicting a big (time compression) run up to split. Eventually Mr. Market will humble him and he will cease to talk so much--in the mean time just enjoy it. On the other hand, I have seen you more than once get excessively negative when Q tumbles. Today it fell for no apparant news reason because it was pushed--probably deliberately. JohnG

To: marginmike who wrote (50615)	11/17/1999 12:56:00 PM
From: Dealer	Read Replies (1) \| Respond to of 152472

Voltaire, Thanks again! What's the problem....stock has been down only 11% today.....and right now is down 5.8% at 342. This is nothing... ..My gosh! We use to bounce up and down 20% on the internet stocks on a daily basis...I am surprised that we have not had more this volatility. We are now at 338, we never even saw 338 until last Thursday.... Sure day traders are hurting!!!!Dangerous game.... Voltaire! I have my April calls waiting on the 4-1 split just like you told us to do.....See not only do you give us you thoughts as to the market....your strategy makes things rather safe for us. Bought another cntract this morning. No Problem....The stock will come back just don't be foolish and sell. I think a lot of the people on this board will be right here....next week! You see no margins on calls!!!!!...... No reason to even check the volume on margins....Full margin is not Voltaire's stragety......he is very careful about that.... Just focus on the SPLIT and profits thereafter, everything will be alright. You gotta remember why you are in this stock!!!The same reason is still there.. I believe someone placed a bad bet today......????....Bit dog barks....Watch who's barking! Thanks again Voltaire!! Out to Lunch! dealer