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


To: freeus who wrote (89078)12/5/2000 8:21:24 PM
From: waverider  Read Replies (2) | Respond to of 152472
 
Freeus...DO NOT GET CAUGHT UP IN THE MAD RUSH.

The Leaps should have been purchased several months ago when they had dirt cheap premiums. You need to ask yourself, WHY didn't you buy then and WHY do you want to buy NOW??? For those of us following the company, nothing is really new here except the Street's awakening.

The premiums on QCOM leaps and options right now are ridiculous. This was the reason I recently bought the stock instead. Momentum is being priced into the option market right now and the time to buy those things was when it wasn't.