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

To: Jacob Snyder who wrote (76245)	7/11/2000 7:18:30 PM
From: Logos	Read Replies (1) \| Respond to of 152472

>every time I used short-term (less than 12 months) options, >I lost money. >Every time I used long-term options, >I made (lots of) money. >This was a very consistent pattern. >The market taught me a very important lesson, >and I no longer buy anything except longest-term LEAPs. I used to do the same thing. But I wonder if that's a good policy with a stock as volatile as QCOM, which implies very expensive options. A better alternative to buying LEAP calls, why not just buy the stock and save the loss of premium headaches? Upside may be somewhat less, but risk seems way less. Logos