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: qdog who wrote (5022)	10/27/1997 4:46:00 PM
From: IKM	Read Replies (1) \| Respond to of 152472

More selling tomorrow. There was panic this afternoon, and many couldn't get through to their brokers. Then they shut down a market in free fall and no one could sell. Retail investors will assess this evening and many will want to protect the profits they've made so far this year, especially since they've already made plans for spending their profits! Watch the overseas markets before the open. My friends in SE Asia are still screaming sell.

To: qdog who wrote (5022)	10/27/1997 4:46:00 PM
From: ED PLOPA	Respond to of 152472

Thanks for the great post. In that case perhaps we should hope the market goes down another 1,000 points. That would provide a wonderful buying opportunity for those of us that had the devine wisdom which some of us on this thread seem to proclaim. For the rest of us greedy, dumb shits hang in there. Ed Plopa

To: qdog who wrote (5022)	10/27/1997 8:53:00 PM
From: Joe NYC	Read Replies (1) \| Respond to of 152472

qdog, No puts on QCOM, eh? I have to say that the timing of my re-entry was less than perfect. I sold some naked puts last week which in combination with my existing long puts created sort of a ratio diagonal calendar bull spread. Needless to say that it's not doing so great at this point. On the bright side, I may have a lot of QCOM put to me at bargain price of $55. ;-) It seems that the option premiums went up a lot. What month did you get your 60s calls for? Joe