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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (585)9/12/2000 8:37:37 AM
From: pinhi  Read Replies (1) | Respond to of 65232
 
Morning Tom, What QCOM calls were you thinking of buying today? Was it the JAN 100s?

TIA
Pinhi



To: Voltaire who wrote (585)9/12/2000 9:44:02 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 65232
 
comment on crude oil prices
I have made this point before, but worth repeating

in 1990 oil accounted for about 7% of our economy's GDP

in 1997 oil accounted for about 3%

in 2000 it accounts for about 1%

crude oil is a manipulative card now utilized by those who pretend to control the rudder of the investment scene
the US economy has transformed in large ways in the last decade
not just service based, but fast growing technology leadership

/ JW



To: Voltaire who wrote (585)9/12/2000 2:31:04 PM
From: Dr. David Gleitman  Read Replies (1) | Respond to of 65232
 
Thanks for the comeback. It's not that I'm fearful. There is noting to fear but fear itself (and the margin call boogie man). Exxon and the other 7 sisters are working diligently in conjunction with dermatologists to harness those hyperactive sebaceous glands in search for a new source of oil. In the meantime, I'm checking to see if it is worthwile to lower my strike prices on the spetember calls I sold

brcm, sept 250's,
Cree, sept 140's
JDSU, sept 140's
JNPR, sept 200's.

Bought back my calls on RMBS (sold at 5 bought back at 1/8).
QCOM, sill holding leaps on the 85's, the 120's and 135's. I'm embarassed to admit what I bought them at.

Best regards,

David