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Technology Stocks : Wind River going up, up, up!

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To: Bruce R. Schlake who wrote (1759)8/20/1997 12:42:00 AM
From: Mitchell Jones   of 10309
 
The following is taken from the Qualcom filing you referenced,Bruce:

>>The Convertible Preferred Securities were
issued and sold (the "Original Offering") on February 25, 1997 (the "Original
Closing Date") and March 10, 1997 (together with the Original Closing Date, the
"Original Offering Date") to the Initial Purchasers (as defined herein) and were
simultaneously sold by the Initial Purchasers in transactions exempt from the
Securities Act of 1933, as amended (the "Securities Act"), in the United States
to persons reasonably believed by the Initial Purchasers to be qualified
institutional buyers as defined in Rule 144A under the Securities Act, in the
United States to a limited number of other institutional "accredited investors"
(as defined in Rule 501(A)(1), (2), (3) or (7) under the Securities Act) and
outside the United States to non-U.S. persons in offshore transactions in
reliance on Regulation S under the Securities Act.<<

If I properly interpret the last sentence,part of this offerring was,indeed, Reg S.

I will assume the CFO of Qualcomm is ignorant of Reg S or too stupid for the job he has. Either of those is preferable to labeling him a liar.

Mitch
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