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

To: Caxton Rhodes who wrote (125926)	12/7/2002 5:12:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : charts demonstrate QCOM is "not hated" -- what I am saying is : QCOM has gone from roughly $25 to $40 recently; while insiders unloaded millions of shares, plus option players have been (apparently) VERY skewed toward the put side. Since options marketmakers at some level hedge the trades that they are "on the other side from" (please excuse the bad writing) ... this excess of put option activity should have also triggered some additional selling (or short selling) of Qualcomm shares. If these things had not happened, QCOM shares would probably already be higher than $40. Short interest figures for NASDAQ stocks come out (I believe) around the 27th or so of each month. AND ... are based on (again, I believe) data for the 15th of each month. Maybe the next round of short interest figures will show that the "ranks" of QCOM haters are growing again ... Jon.