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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: JGoren who wrote (33357)	6/27/1999 12:50:00 PM
From: Ramsey Su	Read Replies (1) of 152472

JGoren, I don't have time this morning to look it up but the recent discussions regarding short interest and capital gains triggered a "retrieve" from my memory bank. There were a bunch of convertibles issued about 1-2 years ago (?) with terms that I don't remember off the top of my head. The holders of these convertibles (all big boys because they were reg s and not available to the little people) must be in hog heaven. There are text book strategies for arbitraging these convertibles which may include shorting. I am not an expert in either. Can you or anyone shed some light on this subject? Ramsey

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