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

To: PAL who wrote (52077)	11/30/1999 6:40:00 PM
From: Dealer	Respond to of 152472

You got it!! Pal. (eom)

To: PAL who wrote (52077)	11/30/1999 7:11:00 PM
From: marginmike	Read Replies (3) \| Respond to of 152472

The reason I think its stupid is because the split is occuring on the 20th. Lets assume you want 500's, you are much better off buying the JANS. I think 125 is a better bet then ever seeing a 500. At this point you are paying premium and have litlle chance in 2 weeks of getting there. If on jan 1st the stock runs to 110 or so you will still have time premium left. The best bet would be to sell the jan 320's and use the proccede to buy calls. I would wait until we see 340-350's again which will occur as we retest 338 one more time for a clean double bottom. I am no expert like Voltaire, just a guy who has made a million on Q options in 9 months.