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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (4597)	3/12/2000 3:40:00 PM
From: London Brian	Respond to of 8096

I won't deny that QCOM is a great company with excellent prospects for the future. I was very impressed with hearing Irwin and others speak at the shareholder meeting. My concern is that there will be a lot of resistance as this stock moves back up. Pleanty of people have been thinking about the prices it traded at in early Jan. and are wishing they got out. Plus all those people who bought at higher prices and have given up on their dreams of a double and just want to break even and get out. CC's and puts on QCOM: I've got so much money in QCOM I've decided I need to start writing CC's to generate income. I won't write ATM yet. I've wrote some april 190's and april 210's. If by some miracle I got called out I would then write puts and buy the stock if it pulled back. I feel like I'm married to this stock and it's hurting my decisions. Letting go of a few shares would probably be good for me. -Brian