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

To: Didi who wrote (76129)	7/10/2000 2:57:58 PM
From: mslawyer	Read Replies (1) \| Respond to of 152472

lets get Q to issue some press releases recycling some good old news since bad old news keeps chipping away

To: Didi who wrote (76129)	7/10/2000 3:15:15 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

>> Isn't put selling one of the bullish strategies? Aside from edamo and PAL, many on this board, particularly Ibexx and Diamond H., seemed to have successfully employed this strategy. I think you'd be better directing that question to edamo, since it's his specialty. Shorting puts is appropriate if you have either a bullish or neutral stance, but like any option play, it carries more risk than ltb&h. Most of my portfolio resides in tax sheltered accounts which preclude the use of margin. This rules out put writing, so I have no practical experience. uf

To: Didi who wrote (76129)	7/10/2000 3:36:47 PM
From: PAL	Read Replies (1) \| Respond to of 152472

Hi Di: Although I am a perma-bull on qcom and that selling put is a bullish strategy, right now, i am staying away from any option play on qcom. The main reason is that there are news coming out in the next few days: wednesday will be the announcement from Korea government; next week earnings report and more importantly how the market will react to the guidance which will be given at that time. a short term option play on qcom will be similar to a game of chance since we still don't know which direction the stock will be in the near term. While granted the stock has been oversold, hence, a bullish strategy like shorting put is desirable, however, due to the recent weakness of qualcomm, I would think that there are other stocks which are more appealing for a s/t play. best to you paul