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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 159.59-3.9%Nov 20 3:59 PM EST

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To: SKIP PAUL who wrote (1975)9/28/1999 10:53:00 PM
From: DWB  Read Replies (1) of 13582
 
Just as a theoretical exercise, if the Q doesn't sell off between now and the first part of next year, and we're bumping between say $200 and $300 on the price of the stock, does that mean we'll see a 4 for 1 split, a 5 for 1,or maybe a 10 for 1? Another 2 for 1 would only get us back to the $100-$150 range...

I think they have 300 million shares currently authorized. With 160 million currently outstanding, a 4 for 1 would require an additional ~400 million... a 10 for 1 would need well over a billion more shares...

DWB
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