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

To: Jill who wrote (55745)	12/22/1999 11:28:00 AM
From: freeus	Respond to of 152472

regood opportunity to buy calls on the dip And sell puts: I just received $5000 for the privilege of being forced (maybe) to buy someone's Q (100 shares) in January at 500!!!! Now 500 minus the 50 means I'd really be buying it for 450 and since I just bought 13 shares at 498 in my grandchild's account, I dont think I'd mind. But the truth is, once we split and that 500 becomes 125, the Q aint gonna trade below that in Jan. So I keep the money and dont buy the shares. Voila! I only sold one because I'm a conservative aggressive investor. But what a concept selling puts on Q is! Freeus