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


To: Jill who wrote (52136)12/1/1999 9:28:00 AM
From: MileHigh  Respond to of 152472
 
Jill,

Just one man's opinion~ this market (Naz) is now in correction mode or sideways action at best, don't think Q will get away from anyone. But if it does, that's fine with me because I am not selling anything and not in options, just being realistic.

Good Luck!

MileHigh



To: Jill who wrote (52136)12/1/1999 9:29:00 AM
From: Drake  Read Replies (2) | Respond to of 152472
 
Jill, fwiw, I've talked to several people who plan on buying Q after the split -- and, no matter what I said about the possibility of buying it 'pre', almost all of them said they are going to wait until 'after'. My point is, there is the 'train of thought' out there that the price of Q will be driven up, during the first part of January, by all of those who are waiting. It's really 'your call' -- just trying to be helpful by putting everything into perspective.

dc



To: Jill who wrote (52136)12/1/1999 10:12:00 AM
From: waverider  Read Replies (1) | Respond to of 152472
 
Jill...

About the third week of January...I wouldn't be caught dead holding an option 3 weeks prior to expiration. Too many tricks out there. You know what Q has done the past several option expiration dates. Anyway, by January the premium will rot away so fast it isn't worth the risk from my experience.

About all these people waiting to buy AFTER the split. Maybe, maybe not. I think what will happen is a minor sell off a few days after the split with some of the big traders selling some of their shares to the neophytes. Just a guess, but too many people think the stock will rise...usually it goes the opposite direction. In fact I wouldn't be surprised to see a sell off right before earnings, then another blast off.

Rick