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

To: PAL who wrote (50822)	11/18/1999 9:37:00 AM
From: Jon Koplik	Read Replies (2) \| Respond to of 152472

Re : selling "naked" puts. The longer I have been involved with QCOM, GSTRF, and LWIN ... the more I have become convinced that selling naked puts is an excellent strategy (if one has sufficient margin account capacity to do it). Every time there is a big "downdraft" in any of these stocks, I go through exactly the same thought process you just stated : "Someone is willing to pay me ... Do I want to take them up on their (kind and generous) offer ?" The answer every time so far has been YES ! (And, I wish I could dare to do larger quantities, too). Jon.