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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: Clint E. who wrote (22238)7/21/1999 10:23:00 PM
From: Clint E.  Read Replies (3) of 69665
 
Volume rise in Q: QCOM Places 6.9M shrs. of Common Stock in a Public Offering

SAN DIEGO, July 21 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced that it has placed 6.9 million shares of its common stock in a public offering, through its underwriters, at $156.50 per share, resulting in net proceeds to the Company of approximately $1.079 billion. The joint book-running underwriters for the offering were Lehman Brothers and Goldman, Sachs & Co.

Copies of the final prospectus relating to the offering may be obtained from Lehman Brothers, Three World Financial Center, 200 Vesey Street, New York, New York 10285; and Goldman, Sachs & Co., 85 Broad Street, New York, New York 10004.

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