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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 138.47-1.8%3:59 PM EST

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To: YlangYlangBreeze who wrote (48766)11/9/1999 10:53:00 PM
From: Cosmo Daisey  Read Replies (1) of 152472
 
quebrada,
The increase in shares is authorized shares that will be held in the treasury and not issued except for the necessary amount for the 4/1 split coming up and will not be counted as outstanding or float shares. Its probably a good idea to have the shares in the treasury readily available for future splits to bring about future splits quickly without the delay of asking for shareholder approval each time a split is needed to bring the price within range for more investors.
cdaisey@splitsville.com
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