Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 152.04

+0.3%

9:55 AM EST

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To: Jenne who wrote (36625)	7/21/1999 10:30:00 PM
From: Shtirlitz	Read Replies (1) of 152472

<< But I dont think they can buy it until its officially listed.. that would have been today... I dont understand.. where WOULD the 6M shares go..??>> They can buy it with cash on hand before the actual inclusion, and wait until the stock is included in S&P, before they start tracking it as a part of index portfolio. Thats what they usualy do. Where the 6 mln shares will go? I don't know, depends on the market conditions on that particular day. If all the funds have already bought, which I think is the case, it will depend on the demand out there. At this point they might push the stock down, combined with disappointed sellers, who thought funds will be buying from them tomorrow. IMO.

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