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

To: Jenne who wrote (58768)	1/1/2000 10:52:00 PM
From: Cooters	Read Replies (3) \| Respond to of 152472

<<paper millionaires>> Jenne, I know you only posted the information, but that phrase has always irritated me. Exactly what other types of millionaires are there? Cooters

To: Jenne who wrote (58768)	1/2/2000 1:35:00 PM
From: Jim Willie CB	Read Replies (3) \| Respond to of 152472

on option time premium, a note of caution for holders of deepinmoney option QCOM calls, we aint got premium at all, nothing to risk... check former Jan400, now Jan100... it trades at parity plus maybe one point... all premium (despite three weeks remaining), have been stripped out... tells me that the liquidity behind deepinmoney calls is purely MM's conversion to shares at parity, no market trading at all some might think that they will see option price premium erosion in the next three weeks happening rapidly... EARTH TO TRADERS, it is all gone... if you think QCOM will be higher in week#2 than on Tuesday, then wait... you risk nothing in option time premium, nothing you have no risk whatsover from premium decay over remaining three weeks... the entire risk is with QCOM share price since your option is trading at parity... parity is defined as QCOM share price minus your strike price... constantly amazed that option traders do not make this simple subtraction to separate intrinsic value from time premium many options will likely sell at the open tomorrow... I look for a quick drop, but not to 161... not that bad... I expect a quick recovery, and then another drop or two during Monday, Tuesday, Wednesday... but each time, I expect a recovery... too many little retail buyers coming in, bellying up to the bar got an Ohio old college roommate planning to buy a block or two this week... I wish I could get a commission fee on all my sales pitches sober and resting / Jim