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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST

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To: JMD who wrote (11676)6/20/1998 12:53:00 PM
From: Houston_CPA  Read Replies (1) of 152472
 
Not to worry about $75 per share offer

JMD,

Don't worry about something that won't happen. Q management is in a very strong position to defend against any hostile takeover attempt at less than $100 per share. Here's my two cents on this: Anybody with the $5 billion ready cash to steal the company has to know that their offer would set off a furious bidding contest immediately squeezing the 10 million share short interest. So let a serious takeover attempt be made... it will be defeated and the publicity and share price action would be a long term plus for the company and shareholders.
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