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To: r.edwards who wrote (1613)1/24/2000 4:22:00 PM
From: Poet  Respond to of 8096
 
Hi r.e.:

QCOM hit 140 support in the downdraft. If you're confident that earnings will be very good and are willing to take the risk that QCOM will rebound from here in the next three weeks, you would be a call buyer here. 140, now ATM, or something a little deeper in the money (like the 130's -- AUABF) would be less risky than going out of the money here.

As I've been saying, I'm getting skittish and worrying about a tech pullback soon. I don't think this is it, as today's drop was very sudden, but personally, I'm not buying any calls here.



To: r.edwards who wrote (1613)1/24/2000 7:36:00 PM
From: steve mamus  Respond to of 8096
 
No. The 1/02 140's. Too much volatility and too much FED for now. My opinion only do your own DD and KARMA>

Steve