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

To: Poet who wrote (52092)	11/30/1999 8:35:00 PM
From: SpudFarmer	Respond to of 152472

How about: We're anticipating Christmas demand. (even though some say that is already shipped and built, the sales will promote name recognition with the stock) We're anticipating announcements of more joint developments. We're anticipating what will happen to all the cash. We're anticipating another poem to move the stock. Of course, I'm not Q-uite that confident that we'll see 500 anytime soon, but I didn't expect to see 400 as fast as we did either. Goes to show what I know about pipe dreams. Maybe it'll just depend on what is in the pipe. Q rocks, just a matter of inhaling...

To: Poet who wrote (52092)	11/30/1999 8:37:00 PM
From: MileHigh	Read Replies (1) \| Respond to of 152472

Poet, Some believe the Tech rally has just occurred. Some believe the market has already discounted much of the good news, HDR, handset, split. Are they right? Who knows, but I see a January rally before a DEC. Investors will get cautious here and take their outsized gains and hide out just in case their is some sort of Y2K problem. Once there is not one, Hold on Nelly! come January 1, Y2K!! JMHO, MileHigh

To: Poet who wrote (52092)	11/30/1999 10:35:00 PM
From: Jeffry K. Smith	Respond to of 152472

Hi Poet. Thanks to you and Jill for clarifying things. I'm hoping it is >$360 on expiry. Based on what the both of you have said the $500's bear looking into. I'm still blown away that by Dealer's copied post Voltaire has 200(00) x $1.25 on them -> $25,000? Yowee. Thanks again, Jeff Smith

To: Poet who wrote (52092)	11/30/1999 11:54:00 PM
From: waverider	Read Replies (4) \| Respond to of 152472

Poet... Here's my take FWIW. I sold my Jan 400's yesterday morning and my Jan 330's this morning. I did NOT like the way the premiums were eroding so quickly. If we flatline for the rest of the month...which is a possibility...those calls would end up being worth A LOT less (with the 400's being worthless). Regardless of what others may feel here, we are NOT guaranteed further upside for December. I have raised this issue before but...the world now knows about Q and the split...who is left to buy the stock? -We've had our pre split run up -We've had our Santa Claus rally -The handset sale is already factored in That said, holding the stock would be fine, but playing the dice with Jan calls at this point is not prudent...especially with the way the premium has been eroding. The street is telling us something. On 11/15 the Jan 400's were going for 40 3/4 when the stock was at 365. The stock is at 362 now and the calls are going for 31 3/4...almost a 10 point difference in two weeks. Not good. I'm putting new money now into LEAP's on GBLX and I'm waiting for $200 on JDSU to pick up some stock there...or maybe some May calls on OCLI to pick up the 10% discount. Good Luck