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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: Voltaire who wrote (49502)11/12/1999 2:19:00 PM
From: Fred Davis  Read Replies (1) of 152472
 
Hello Voltaire. This may have been mentioned in an earlier post, but due to the discussion about selling pressures just after the split, wouldn't you expect Q to split shares again very soon after 2000? It would appear that the 4-1 split will not offer the buying opportunity for the small investor due to the post split price if it remains at present levels and above? I am very long on this issue and it would seem too much of a risk for the small investor to sell into the pressure if buying for the long term capital appreciation that Q has to offer. However, since the small investor has no control on market values, you are probably correct in your analysis of the post split reaction. Would you have an idea as to the amount of correction that we may see which may give the small investor an idea of what to expect?

It would also be nice if Q were able to announce a powerful news release just prior to the split. I'm sure this is wishful thinking on behalf of all longs.

I enjoy your post and many others that contribute to the value of this board.

Thanks,
Fred
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