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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: seahorse who wrote (32605)	3/7/2001 1:48:26 PM
From: Uncle Frank	Respond to of 65232

Confused <gg>. I still hold my core position. I added to it on 2/28 at 52 3/4, which I consider to be the bottom of it's current range, and when it broke 60, wrote March 65 covered calls at 3 1/4. So, as you can see, I don't have much conviction in a short term rally. The wireless sector isn't very attractive at the moment, with the delays in both 2.5 and 3G, but imo qcom is the classiest pick in the sector. I look for it to be range bound (mid 50s to upper 70s) until there are actual contracts booked in China. jmho, uf