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

To: waverider who wrote (94477)	2/23/2001 5:08:00 PM
From: JohnG	Read Replies (1) \| Respond to of 152472

MAX Pain onMarch QCOM options is still 80. I suspect we'll be close to that on March 16 when options expire. Some of the short sellers in the 50's are likely to get a royal screwing and be forced to cover at much higher prices because this whole event was based largely on erroneous news reporting as follows: 1) FT false/misleading report that IJ said all significant 3G commercialization to be delayed until 2002-2004 2) Total failure of adequate coverage of recent news from India and China. I have little respect for Deutshce Bank Alex Brown. I wonder where was Credit Suiese First Boston. They usually participate in gang bangs. JohnG

To: waverider who wrote (94477)	2/23/2001 5:15:29 PM
From: califjk	Read Replies (2) \| Respond to of 152472

When the shorts dominate the market, which they have, its easy to get whipsawed. Don Luskin dumped his shares yesterday and the rest this morning in panic calling the Q dead money. At the end of today he is buying the Q back saying he was wrong. Even the so called pros make all the wrong moves when it looks so bleak. He and his buddies at META Markets were catching the falling knife all last month buying Feb QQQ calls that expired worthless. No one knows when the tide will turn........jk