Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: Tom K. who wrote (1160)	4/9/2000 10:58:00 PM
From: OX	Read Replies (1) \| Respond to of 1235

hi Tom, I perfectly understand how you use LEAPS, I was just trying to understand the characteristics of LEAPS w/o having to run the numbers myself :-) I'm not saying QCOM will or won't... I have no view on it, but for sake of discussion, if QCOM tanks to 50 in the next few months wouldn't you think the likelihood of early assignment grows tremendously? I guess w/ '01 LEAPS you have 1 room for error... '02 LEAPS and you're pretty much locked in. and as far as discussing fundamentals of PSFT vs QCOM. I won't even get started there because I know next to nothing about that... but I do know that PSFT did use to have more earnings prior to mid 98... but not anymore. ok, you baited me into it... I just looked at QCOM's P/E... even PSFT's P/E was nowhere near that high in 1998.