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To: Poet who wrote (3458)2/23/2000 9:20:00 AM
From: jmac  Respond to of 8096
 
I have my day order in to sell 1/3 of my position worth of the 160s at 4. I put it in right after i posted the last post to you. I am going to put in orders for another 1/3 at 5 and another 1/3 at 6 (just in case). I do'nt believe we get over 160 in the next 3 weeks (unless we here from NOK--which I think is about as close to 0% probability as you can get).



To: Poet who wrote (3458)2/23/2000 12:46:00 PM
From: jmac  Read Replies (1) | Respond to of 8096
 
It is interesting to note that yesterday, wehn QCOM was at 134, those 160s were at 4. today, we are at 136 and those same calls are at 3 1/4. call premium isn't building in this move. But, I was very encouraged to read about the execs at QCOM exercising taxable options to buy QCOM stock in Jan.


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