How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 492.01

+1.3%

Nov 28 12:59 PM EST

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To: Teflon who wrote (31304)	10/28/1999 9:40:00 PM
From: Uncle Frank	Read Replies (1) of 74651

* OT * Teflon, I am amazed that Q hasn't split before now, but as you know, there aren't enough shares authorized at the moment for a 2:1. Dr. J announced that "more shares will be made available at the Annual meeting", but that isn't until 2/29/00, and the stock will be in the 300 range by then (I hope <g>). Qualcomm management seems to be making a concerted effort to keep momentum from distorting their stock's valuation. But the small float causes Q to be extremely volatile. I think there are compelling reasons for a split, but it wouldn't surprise me if it didn't happen until February. Otoh I wouldn't be surprised if a 3:1 was announced tomorrow pending shareholder approval. Franq

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