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


To: 16yearcycle who wrote (64909)1/28/2000 12:19:00 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I agree Eugene I sold my Q on Wedsday because I knew in a correction Q would get cliped. I will start buying back at 100.



To: 16yearcycle who wrote (64909)1/28/2000 12:28:00 PM
From: Tom Kearney  Read Replies (1) | Respond to of 152472
 
Gene - No doubt there will be some battering. What looks like it might work for me to some extent is the Feb 100 puts. As we get closer to 100, they are growing exponentially value. I have calculated that if we go to 80, I'll be ahead $2 for every dollar I'm down on the stock. If we stay here, it was an expensive insurance policy. But, I started buying shares, too. Like you said, every $10 down, I'll add 10%.

Tom