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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 137.34+0.8%Feb 6 9:30 AM EST

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To: Uncle Frank who wrote (35878)7/20/1999 1:14:00 PM
From: HeyRainier  Read Replies (1) of 152472
 
Uncle Frank,

It is possible for a company to grow too fast. It could cause a little bit of a cash drain (note that it has been shrinking), but that can easily be addressed by selling more equity in the markets (I believe that is what they are doing).

They are in a good situation though, where the economics of the business are currently attractive, with demand outstripping supply, and so forth, so increasing one's position in a period of weakness may be an attractive approach with regard to QCOM.

Interesting to note that the opening price was never anywhere near the lows in the after hours.

Rainier
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