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


To: waverider who wrote (82063)10/3/2000 5:12:19 PM
From: jmac  Read Replies (1) | Respond to of 152472
 
i culdn't agree with you more. But, since I held all the way up and down, when QCOM was around 58, I sold the stock and bought twice the position with using Nov in the money calls hoping that a move back to about 100 would get me back to where i was in January. The strategy will work if the NAZ would cooperate. Seems like QCOM specific things are falling into place. But, now you know why I am a little nervous with this timing thing.

It also didn't help that I had an equal position in INTC. I can't believe I woned 2 stocks which were cut in half.