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


To: KY who wrote (64942)1/28/2000 1:24:00 PM
From: Jerry Miller  Respond to of 152472
 
KY,
6 months sounds a little far out.
this rough week may be just in case the Fed raises 50.
we've got 25 priced in. if they only raise 25 next week, we'll probably rally.

this might be a space where you take the opportunity to get as far away, in time, and as deep in the money as possible with some Leaps, and just ride them to the bank.

the Jan '02 50s were right around 400, just 30 days ago.
they'll follow the stock back up, but their rise will be exponential.

just a thought.