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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.84+0.2%10:43 AM EST
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To: LKO who wrote (35615)7/19/1999 1:16:00 AM
From: Uncle Frank  Read Replies (1) of 152472
 
>> My guess is 1:4 is what would make sense

Please say you mean 4:1. I think trading at 640/share would put a damper on their growth <g>.

I doubt if Q sees their natural home in the 40s any longer. The Gorillas usually keep their stock in a much higher range. The driver for a split may be the Money Managers, whose interests are best served with a larger float.

My pet scenario would be a 5:2 in August, which would put Q in a 80-90 trading range <vbg>.

Frank
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