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To: Bruce Ravelson who wrote (1908)1/30/2000 1:41:00 PM
From: Jill  Read Replies (1) | Respond to of 8096
 
140 is resistance, so why not sell the 145s IF we get a rally? And only sell on a portion of your shares.



To: Bruce Ravelson who wrote (1908)1/30/2000 3:31:00 PM
From: Poet  Read Replies (1) | Respond to of 8096
 
I agree with Jill on selling the 145's, and don't sell enough to cover your whole position. Watch closely on Tuesday, as I think any relief rally after the Fed meeting will send QCOM into the high 120's to low 130's, thus juicifying the premium on the calls you want to sell.

I'll be doing it right along with you.


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