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To: Voltaire who wrote (449)	12/28/1999 8:59:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 35685

Volt, sitting on the fence here as to whether to convert option calls on QCOM to shares early next week bidding at 520 your arguments on Houses versus Retailers makes perfect sense the next participation I would expect from Houses is to do some position trading with large block sales, but ONLY AFTER we run some more... they can sell and buyback slightly cheaper... I aint risking that right now after reaching more rarified levels of oxygen, I expect airpockets from below will be easy to play for them (and us) / Jim