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To: RocketMan who wrote (344)12/29/1999 11:38:00 AM
From: Poet  Respond to of 8096
 
Hi RM,

Sorry for the delay in responding, but I've been out of my frickin' mind this morning. In a good way, of course.

I've not bought puts (yet) and understand that it's a perfectly good hedging strategy. I think you might do well to hope for a wee pullback, to under 600 at EOD today, and sell them, though, as I think the floodgates have just been opened on QCOM. Just my opinion.

Believe me, in Late January and early February, I'll be doing some hedging myself.