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

To: Sawtooth who wrote (79573)	9/6/2000 10:24:35 PM
From: Cooters	Read Replies (1) \| Respond to of 152472

Sawtooth, You know, my mind changes daily on going 2002 or 2003. I prefer the strikes in the 70-80 range. Right now, a 2002 80 is about 16 and a 2003 80 is about 24(roughly). The 2002 is pretty close to 4X leverage versus the stock. The 2003 will cost you 50% more, but get you into what should be some sweet times for CDMA. I originally bought the stock for wireless data, so the 1X rollout bears heavily on whether I expect QCOM to be back in the spotlight by EOY 2001 or EOY 2002. I say EOY 2001 tonight, but ask again tomorrow. <gg> 2003 gets you into HDR for sure, plus W-CDMA if such a thing actually comes to pass. It also gives you time for varying devices(neat ones) to catch up with the data speeds. And........the stock is quite attractive too. Cooters