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


To: John Hayman who wrote (6226)12/12/1997 10:16:00 AM
From: Muizz M. Kheraj  Read Replies (1) | Respond to of 152472
 
John,

I have noticed a few FAT blocks...6600 shares here, 6900 there, 24900 here...but these are all asks!!! The bids (sells) have all been between 300 and 2000 share blocks...I would love it if it was those bastard SOES...this means that the stock will live to shine someday in the near future...it would be bad news if it was REAL news knocking this stock down!!!



To: John Hayman who wrote (6226)12/12/1997 10:22:00 AM
From: Muizz M. Kheraj  Read Replies (1) | Respond to of 152472
 
More bad news all....

I just checked out options to see something and found (with QCOM at 56) that the April 1998 50 Calls (being 6 in the money) are a great deal at 10 3/8. What I also found, unfortunately, is that people are buying QCOM puts in GREAT quantities!!! I don't think this is the SOES. Someone expects a bad announcement...this stock is going down and may definitely break that 52 1/2 barrier....

Somoene just a few minutes ago (7:08 PST) plunked down $95,000 on 100 QCOM April 1998 60 Puts (QAQPL) at 9 1/2.

Muizz