SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.150.0%12:20 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Maurice Winn who wrote (36501)7/21/1999 6:58:00 PM
From: Rocket Scientist  Read Replies (2) of 152472
 
I also think a 1B$ extra cash is worth <4% dilution. I understand why options holders might be upset (and marginmike should be feeling pretty smart for selling his calls) but most here planned to hold or acquire more of this stock based on long term fundamentals.

So, now you have 4% less participation in those fundamentals, but the company has doubled its current assets, and as MW says there are lots of things it could buy with the money that will improve the fundamentals by a lot more than 4%.

If MMs really dump stock in the next few days, won't it just be an often wished for buying opportunity?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext