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


To: The Verve who wrote (89753)12/10/2000 2:01:02 PM
From: IngotWeTrust  Read Replies (1) | Respond to of 152472
 
I'm sorry, Verve, I thought I was plain speaking.

I said and am saying that you'll know next week (in my opinion about Wednesday) that it is a good bet to write Q options (like write the call) BEFORE WED's close, that is a $10 strike below whatever Wednesday's closing price looks like it is going to be.

IT IS A VERY HIGH PROBABILITY "guess" that Q will close approximately $10 below that Wednesday close on expiry Friday as the market makers deliberately take it in the direction of $75. I
don't expect them to get it down any further than $10 from Wednesday's close.

This any better?
O/49r