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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.07+2.6%3:59 PM EST
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To: Caxton Rhodes who wrote (41502)9/16/1999 4:53:00 PM
From: Ruffian  Read Replies (1) of 152472
 
Caxton, Want to give this a shot?>

To : DavidL
Sep 15 1999 4:58PM
From : arnjelot
Re : Check shares outstanding.

If you check the shares outstanding you'll
notice that yesterday Qualcomm had 160M
and today they have 150M shares
outstanding(check with your
broker/service/website). They now have the
shares to split 2/1. They either had to ask for
more shares or buy back 10mil so that a split
could be possible.....it seems they've bought
back the shares necesary to anounce a split.
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