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

To: Jacob Snyder who wrote (75892)	7/8/2000 2:47:41 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

>> I am a cautious investor, always trying to reduce risk, but assuming risk when I see a wonderful opportunity. QCOM in the 50s is one of those rare opportunities... So, I'm considering using margin again. Jacob, pmfji, but if you're looking for leverage, you can avoid the risks of margin calls through buying LEAPS contracts. As example, QCOM 2003 100 strike price LEAPS calls are trading for under $20/sh., and provide more leverage than full margin without the attendant risks. options.nasdaq-amex.com`&selected=QCOM&leap=Y#JAN 2003 uf

To: Jacob Snyder who wrote (75892)	7/8/2000 2:59:27 PM
From: John Koligman	Read Replies (1) \| Respond to of 152472

Hello Jacob, Just trying to make the point that with techs, cynical/cyclical/gorilla/whatever <gggg>, if you extend yourself with too much margin and even credit cards (what!!!!), you stand a good chance of being taken out at the exact worst time. On another note, I see we again meet on a 'broken quality tech' thread. Do great minds think alike??? <gggg>. PS - I have not touched the 'formerly mighty Q' yet, but as with Worldcom, I'm getting interested... Regards, John