Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.06

0.0%

Dec 1 3:59 PM EST

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To: Ibexx who wrote (41767)	9/18/1999 11:13:00 PM
From: 007	Read Replies (2) of 152472

Need help with a question. If we have 160000 shares outstanding and at the annual meeting we will be voting to increase this to 300000 how can we split 2 for one. So if we assume what some say that we have 150000 outstanding, and we approve 300000 shares we are ok for one split, but are we sitting in a situation that we would have to wait for another annual meeting to vote on more shares. With the stock at 200 a split would put us at 100 with well over a year before we could vote on another split. Any thoughts on this. I am sure some of you have a better feel about this then I do. Not that splits matter much, but I couldn't help but think why didn't they want to vote on more shares to be available. M. Solum

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