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To: DownSouth who wrote (1742)1/26/2000 2:39:00 PM
From: Poet  Read Replies (2) | Respond to of 8096
 
Jerry,

I'm coming into this conversation a little late, but I'll add my two cents, along with Rocket Man, about the DIM vs. ATM LEAPS. Since we're very sold off at this point, I'd look at buying the 135's of 140's, now out of the money, but that's a very strong support level for QCOM and TA tells us QCOM will be back there very soon. Obviously, since those strike privces are currently OTM, the premiums will be considerably cheaper (today) and you'll be able to pick up more bang for the buck.

Feel free to PM me if you want to talk more about this. I'm a bigtime QCOM LEAPs person. :)