Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mark Fleming who wrote (112559)	2/8/2002 12:38:38 PM
From: Ruffian	Read Replies (1) \| Respond to of 152472

From Buildings? vbg........

To: Mark Fleming who wrote (112559)	2/8/2002 12:43:15 PM
From: Kayaker	Respond to of 152472

Any opinions on the best LEAPs to buy right NOW? I'm looking at the Jan 04, strike 30. That's as conservative as you can get but will still give a great return when the stock moves up.

To: Mark Fleming who wrote (112559)	2/8/2002 12:57:52 PM
From: Gypsy King	Read Replies (1) \| Respond to of 152472

Be careful. Volatility spiked on all the QCOM options. The LEAPs have lost far less in value than you'd expect.

To: Mark Fleming who wrote (112559)	2/9/2002 8:58:55 PM
From: Mark Fleming	Read Replies (4) \| Respond to of 152472

This may sound crazy, but I am actually happy about what happened on Friday. I was getting sick of the slow Chinese Water Torture! I believe on Friday we saw capitulation for the stock. Shares were scared out of the remaining weak hands; shares are now solidly in strong hands. When the shorts see that there is little selling next week, they will cover here. Everything is now in the open, and we even now know Irwin has two sons at Qualcomm! I am thrilled that the Friday report allowed me to increase my holdings even further. Although my initial shares were at around 6 from the old days, I don't think I've ever felt better about buying QCOM than at Friday's level.