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

To: Ibexx who wrote (73812)6/14/2000 1:54:00 PM
From: plow guy  Read Replies (1) | Respond to of 152472
 
.....I did warn you guys not to buy "near money" call options - just the shares - when the stock was still in a downward channel. Sigh.......

Ibexx,

do you feel the downward channel ends friday? i am holding july 80's that i bought months ago. the plan was to exercise, now considering rolling.

Sometimes i wish the Q's CFO would not talk so much. We already knew about G* exposure and back at jan cc we knew about seasonal downturns.

i believe we are approaching serious seasonal up turns. 15mil chips at july cc. do you think 18 mil chips at oct cc is possible?

audie



To: Ibexx who wrote (73812)6/14/2000 9:49:00 PM
From: JGoren  Read Replies (1) | Respond to of 152472
 
"Once Q is on its way up, call buying would further enhance the common. Most retail investors neglect this paradox and rely upon their conventional wisdom which, I hate to say it, doesn't always serve them well."

Could you elaborate? I don't understand.


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