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To: Voltaire who wrote (4760)2/23/2000 7:20:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 35685
 
Voltaire: your after hours sale of Q shares; were those most of your non-covered shares? I also sold trading shares after hours at 143 1/2 and had covered others with Mar140's today with Q at 142+. Just a gut feeling that the decisive break above 140 might not hold thru expiry next month.
This Tiawan related Chinese saber-rattling happens every time they have a presidential election. You'll hear of test missiles being lobbed over Tiawan soon, just target practice,gggg.

In addition, we have the US Congress debating WTO for the Chinese, so lots of politics to sour the breakout today.

Still holding long on cheap shares, leaps.

Do you have any strategies for tomorrow, assuming MM's take the Q down into the 130's again. Maybe a nice opportunity to trade; I know I'll be looking to buy back the covered calls I sold today, cheap.

Regards,
James



To: Voltaire who wrote (4760)2/23/2000 7:27:00 PM
From: LBstocks  Read Replies (1) | Respond to of 35685
 
QCOM now back in the 144s after hours. I'm surprised that there has been so little reaction to the China news.