Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Logos who wrote (76271)	7/11/2000 9:27:38 PM
From: Jacob Snyder	Respond to of 152472

re: Upside may be somewhat less, but risk seems way less. Yes, that's the trade-off. I didn't mean to imply that 100% of my portfolio is in LEAPs. At the moment, only 22% is in LEAPs. I meant that LEAPs are the only kind of options I buy now, after my expensive learning experiences. Buying QCOM (the stock) at current levels, I would say the minimum upside is 40%/year (PE stays the same, EPS 40%/Y up), and that is an excellent return. LEAPs are for investors (perhaps gamblers would be a better word), who are swinging for home runs, and are willing to risk striking out if they are wrong. If striking out (losing your entire investment) is an unacceptable option, then options are not an option for you, and you should look for other options. That's my option opinion. Sorry if it's opaque. JS@obviouslyobsessingonOOOOOOOOs.org