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

To: y2kate who wrote (58990)	1/3/2000 1:14:00 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 152472

I doubt deepinmoney calls lost their time premium all that suddenly been watching them every day, mainly my own Jan280, Jan330, Jan400, Feb480 calls... they had teeny premium for the last two weeks... surprised that some distant options have so little premium in them suspect something kinky is going on... such as MM's are reducing their participation in making a market in options... they might be simply neutralizing bunches of them instantly into shares... or else we got a glitch in the pricing mechanisms since the split occurred... dunno the answer if MM's are witnessing their brethren taken our in body bags, even if in small proportions, their response might be to back out of participation a caution on option premium calculations... they also get cut by 4:1... but if it is true that Jan2001 LEAPS are trading at nil premium, then even this fool is jumping on them monkeys atthemoney planning to sell a small portion of options and convert to shares using full margin on raised cash... purchased shares will be at 40-60% discount to face value, thus relieving the impact of cash margin usage I wanna hold until past this week most of my options... most you sheep will get it wrong, and panic early... BE STRONG grab your stones, grab your cherries hang on for the rapid recovery prior to expiry remember: whatever we lose on an airpocket, we will gain back TWICE on momentum swing this tech rally will not be detoured by a simple change of month, even a change of year / Jim