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

To: r.edwards who wrote (50802)	11/17/1999 11:59:00 PM
From: Gabriel008	Respond to of 152472

Actually, max pain looks like $340 on the nose because of all the open interest on the calls.The mm's will want to bring QCOM well under $340 tomorrow to give them some leverage on Friday because of the incredible positive momentum behind the stock. Beginning Monday we may see the impact of this momentum once the mm's stop manipulating it. I wouldn't be surprised to see $380 by the end of next week. I suspect we may not the same downward pressure in the December expiration period because of the proximity of the vote & split. Ergo, the mm's are pulling all stops out this month.