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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: JohnM who wrote (2938)	11/7/2001 10:20:47 AM
From: Andrew N. Cothran	Read Replies (2) \| Respond to of 5205

John: QCOM strength probably due to two things: 1. Analysts and serious investors know how to read between the lines and how to listen to conference calls. 2. Lots of overly enthusiastic shorts who expected to make a quick kill this morning are getting killed.

To: JohnM who wrote (2938)	11/7/2001 10:22:11 AM
From: Thomas Tam	Respond to of 5205

This is a gift to call writers. With a forward PE of 50-55 and a PEG of 5, no reason to buy at current price as the risk (10-20%) outweighs short-term reward. However, those with a long, long term look may be able to justify buying at present. Later

To: JohnM who wrote (2938)	11/7/2001 10:29:01 AM
From: slacker711	Read Replies (1) \| Respond to of 5205

I cannot, for the life of me, understand why Qcom is trading up this morning on very, very high volume. I'm considering the Dec 55's also....but I am trying to figure out if I should wait until the analyst's meeting tomorrow. I fail to see much bad news that they could possibly release during the meeting that wouldnt have been already been announced during earnings. Slacker