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


To: Drake who wrote (52860)12/7/1999 8:41:00 AM
From: r.edwards  Respond to of 152472
 
Extra Strategy: AAF-AV Jan 420's.
After the split the strike will be 105 (420/4).
I believe the Q will run to at least $125~$130, giving each option 20~25 intrinsic value post split. 20x4=$80
These have the potential to run to $80. Right now they are only $33~35. What do you all think ? !



To: Drake who wrote (52860)12/7/1999 8:50:00 AM
From: Jim Willie CB  Respond to of 152472
 
I distrust users of past tense when reporting trades

in the past, each time the guy covers his short position, he used past tense AFTER it rose and lost its profitable nature... my suspicion is little if any profit, and perhaps no position at all, only deep doodoo delusion... I will save any profanity for the Curmudgeon Outhouse if he is unwise enough to enter that zany location

the Jan400 calls and others with higher strike price will turn profitable shortly for those who entered them in the last few weeks in 385-405 range... unfortunately, I paid too much but will be forgiven by the market soon

LG, for a non-QCOM success TA story, check THQI
recommended Jan40 option call "QHILH" early Nov at 38
couple friends sold for 300-400% profit at 56-58
identified and captured nice bullish inverted triangle breakout

eat my butt, dingle berries and all
/ Jim