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

To: Voltaire who wrote (50653)	11/17/1999 12:57:00 PM
From: Ruffian	Respond to of 152472

Volt, Quit posting on two threads, my neck hurts! <gg> Buy Signal Now by: Pattern_Recognition (40/M/NY, NY) 11/17/1999 12:24 pm EST Msg: 58988 of 59080 Based on our option model, which has not generated a buy signal before for QCOM. Because its a option model, there is no specific stoploss, we just buy an option with a premium we are willing to lose. Anyway, just thought we would pass this along.

To: Voltaire who wrote (50653)	11/17/1999 1:05:00 PM
From: Jenne	Read Replies (1) \| Respond to of 152472

The Option Investor Newsletter Wednesday 11-17-99 Copyright 1999, All rights reserved. Redistribution in any form strictly prohibited. Posted online for subscribers at optioninvestor.com ********************************************************** TRADING ALERT - TRADING ALERT - TRADING ALERT 12:30PM TRADING ALERT - TRADING ALERT - TRADING ALERT 12:30PM TRADING ALERT - TRADING ALERT - TRADING ALERT 12:30PM TRADING ALERT - TRADING ALERT - TRADING ALERT 12:30PM TRADING ALERT - TRADING ALERT - TRADING ALERT 12:30PM *********************************************************** QCOM - Qualcomm Inc. $330.00 -32.00 (-46.75 this week) QUALCOMM Incorporated is a leader in developing and delivering innovative digital wireless communications products and services based on the Company's CDMA digital technology. The Company's major business areas include CDMA phones; integrated CDMA chipsets and system software; technology licensing; and satellite-based systems including OmniTRACS® and portions of the Globalstar(TM) system. Headquartered in San Diego, Calif., QUALCOMM is included in the S&P 500 Index and is a 1999 FORTUNE 500® company traded on the Nasdaq under the ticker symbol QCOM. Hello, entry point! After releasing better than expected profits in its Q4 and a 4:1 stock split, Qualcomm has seen incredible volatility and incredible profits. So what is a trader to do if you missed the boat the first time around? Be patient and wait for an entry point. We have been doing just that and we think today may be the day to find that elusive entry. The stock burst from the $220 range all the way up to $400 in less than two weeks. The Nasdaq has also been on fire, further pushing QCOM to lofty heights. But not everything goes up in a straight line and QCOM is now pulling back, down $35 today at the time of this writing. The 10-dma is at $325 and should be support for QCOM. We will watch for the ensuing bounce but feel like this may be the time to pull the trigger. There are many catalysts to this stock but the foremost one is the stock split which the Board of Directors will vote on in December. The voting date is currently scheduled for Monday, December 20. Not to mention stellar earnings. QCOM beat First Call estimates by reporting $0.91 vs an estimate of $0.88. This is what the COO Richare Sulpizio had to say. "During the fourth quarter, we achieved record shipments in all of our businesses. We shipped 14 million MSM phone chips, 15 thousand OmniTRACS units and 1.9 million CDMA phones. Component shortages in the phone business are beginning to ease, although these improvements were offset by lower phone prices." We will go into even more detail on the technology and strategy of QCOM in future write ups. But for now we want to make you aware of the potential for a good entry point if you are looking at this play. So to recap, watch for a bounce in the $329-$330 range. Anything lower is just frosting on the cake. HIGH PREMIUM ALERT !! Another good strategy for this play would be to go long the stock and write covered calls in the $350 neighborhood. The premiums are so inflated that you could take home $30 a contract on the Dec $350 calls. Now you have $20 or more in the stock plus the premiums for a $50 play. BUY CALL DEC-330 AAF-LF OI=1084 at $42.25 SL=33.00 BUY CALL DEC-340 AAF-LH OI= 298 at $37.50 SL=29.00 BUY CALL DEC-350 AAF-LJ OI= 458 at $32.50 SL=25.00 BUY CALL DEC-360 AAF-LL OI= 755 at $28.75 SL=22.25 Picked on Nov 16th at $130.00 P/E = 265 Change since picked +0.00 52-week high=$406.13 Analysts Ratings 6-9-4-0-0 52-week low =$ 24.50 Last earnings 11/99 est= 0.88 actual= 0.91 Next earnings 02-00 est= N/A versus= N/A Average Daily Volume = 10.1 mln Chart = quote.yahoo.com

To: Voltaire who wrote (50653)	11/17/1999 1:11:00 PM
From: Andrew N. Cothran	Respond to of 152472

Now, Voltaire. Don't allow your feelings to get in front of your mind. Keep posting guy. Some of us oldtimers really like and respect you.

To: Voltaire who wrote (50653)	11/17/1999 1:34:00 PM
From: Drake	Read Replies (1) \| Respond to of 152472

Voltaire, I protest your "cease as of this moment". Please do not do this to all of us who follow your comments -- it's not fair to us. dc

To: Voltaire who wrote (50653)	11/17/1999 1:37:00 PM
From: JohnG	Respond to of 152472

Voltaire. Don't stop posting now. There are too many people here with Jan options that need your guidance thru the next 6 weeks. JohnG

To: Voltaire who wrote (50653)	11/17/1999 1:40:00 PM
From: jmac	Respond to of 152472

Volt...Don't give up on the thread. I don't know what other's have posted to you today but I appreciate your comments much and I know others do as well. Please come back. Did you pull the trigger at 12:45pm?

To: Voltaire who wrote (50653)	11/17/1999 1:42:00 PM
From: DownSouth	Read Replies (1) \| Respond to of 152472

V, come on man! Don't be so sensitive. Bring your ball back. We need ya', man!

To: Voltaire who wrote (50653)	11/17/1999 1:49:00 PM
From: sdb4q	Respond to of 152472

Voltaire, I appreciate your posts as well. You correctly pointed out that we would be in rough territory until after Bird day. I don't know how anyone can expect straight line up movement in Q stock. Maybe you just need to take us back to the train on the road to the city of riches to remind us all why we're here....I do hope, however, that people other than just mega-millionaires are welcome on this thread. Aren't we smart to want to learn from you guys? Thanks! Regards, Steve.