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

To: Jim Willie CB who wrote (61356)	1/10/2000 9:21:00 PM
From: jmac	Read Replies (1) \| Respond to of 152472

That's a good plan. I own some Apr 120s. I would like to sell them when the Q re-tests 200. As for my stock, I usually sell out of the money current month calls against the stock. It works well when the Q isn't having one of those 200+ point gains in 30 days type moves (which has been pretty frequent of late) but I think that will end now. Q is in a uptrend but moving with the NASDAQ and I agre with you we are in for a decent correction by late March. April through August has been the wrong time to be in the market for the past 2 or 3 years. Can we get to 200 in the next 2 weeks?

To: Jim Willie CB who wrote (61356)	1/10/2000 11:38:00 PM
From: waverider	Read Replies (1) \| Respond to of 152472

Jim writing calls against your Q position is not a path I would like to take. I would not like my Q shares to be called away. One month out of the money calls would be the only things I would consider. If you sell DIM calls on your Q and the stock rocks upward, you will lose your position. Why would you want to do that? Maybe I am missing something here. Rick