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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (73595)	6/8/2000 10:22:00 PM
From: Ibexx	Read Replies (2) \| Respond to of 152472

Diamond, The tax courts have ruled that short puts and long calls (or LEAPS) are not considered like securities and thus they are NOT bound by the 30-day wash rule. Cheers, Ibexx

To: waverider who wrote (73595)	6/9/2000 9:08:00 AM
From: Jim Willie CB	Read Replies (4) \| Respond to of 152472

TA tidbit on QCOM: DiamondMan, tough call QCOM's recovery so far is looking symmetric this is critically important currently we saw QCOM price push over 75-76 so the bullish triangle topped by 75-76 is broken if we see a minor pullback at 90, then symmetric scenario is fortified symmetry would dictate selling when we return to 105, but that is aggressive it would dictate hot knife thru mouseturds up to 105 the only obstacles are Moving Avgs located at 92 and 100 I would look to lighten up over 90, or aggressively over 100 we are likely to play "units of 10" games on way back up translation: every mark of 80, 90, 100, we react and see some selling your 30 day vacation might do well over August timeframe I expect a post-earnings selloff during early/mid August this coincides with the annual tech swoon for final summer vacations / Jim