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

To: Ibexx who wrote (92148)1/19/2001 4:06:34 PM
From: foundation  Respond to of 152472
 
15:49 ET Microsoft (MSFT) 60 15/16 +5 7/16 (+9.8%): Traders talking of an institutional rotation out of Cisco (CSCO -1 3/8) into Microsoft. Rationale is that Microsoft has already released, while Cisco exposes investors to another two weeks of potential hazards (e.g., negative comments by analysts, rumors of a miss, etc.)



To: Ibexx who wrote (92148)1/19/2001 4:11:39 PM
From: jazzcat2000  Read Replies (1) | Respond to of 152472
 
People can differ.
1) could have bought Jan. 70's on Wednesday (I believe) for $262 per option. Could have sold Thursday at close to $462 per option for a profit in the neighborhood of $200 per option. 200 options yield a $40,000 profit.
2) for an option player, buying the stock is "not an option" in terms of potential return.


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