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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 151.59-0.4%Jan 30 3:59 PM EST
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To: gdichaz who wrote (36246)7/21/1999 1:22:00 AM
From: Reagan DuBose  Read Replies (1) of 152472
 
<< Did not figure new 4 million + shares in but perhaps some math wiz can. :-) Or maybe that will be of little importance if the $700 million proceeds used well.>>

In the conference call, I recall a statement by the QCOM FO that the sale of the new shares would be 'accretive' to earnings per share. This means he thinks the proceeds will be 'used well'.

Reagan
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