Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.09

+1.8%

Nov 28 9:30 AM EST

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To: marginmike who wrote (36613)	7/21/1999 9:46:00 PM
From: Morgan Drake	Read Replies (3) of 152472

Pop Quiz, Gang. Multiple Choice Section - At this time last Friday the top three executives at Q anticipated: A. Selling 4 million shares to the funds at a price $175 or better. B. Selling 6 million shares to the funds at a price $157 or less. True/False Section - A. At the last moment Q, seeing the deal not panning out the way it had anticipated, sold an additional 2 mm shares because it absolutely needed $700mm + in order to effect the deal it has in the works. B. Both Q and S&P were telling the God's honest truth when they said that the additional share offering directly to the funds was not part of the deal to get Q into the S&P500. C. Both Bill Gates and Warren Buffet would have been similarly snookered by S&P and the Street to do this deal the way Q did it. Morgan P.S. Cold winds blow through the Halls of Truth, don't they.

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