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

To: Hobie1Kenobe who wrote (63205)	1/20/2000 2:52:00 PM
From: Ruffian	Respond to of 152472

<OT>Option Situation by: Flooor_Trader 1/20/00 2:46 pm Msg: 104125 of 104126 I am just back from a vaca in the Alps..nice spot..I think QCOM's chart may look like an ALP, at least the climb up before the option expiration tomorrow. Huge naked writes are exposed 160 thru 200 strikes. All written by hedge funds, so there could be action. The MM's appear to have their books square now, so the buy pressure will have to come from hedge fund covering. Also the MM's may be a bit long the stock, so I am sure they would not mind triggering a run against the hedge fund writes..I will post more as appropriate.