Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Willie CB who wrote (53445)	12/10/1999 2:58:00 PM
From: engineer	Read Replies (2) of 152472

Assuming that the growth and stock price predictions are somehwat realistic and looking at the outstanding shares as well as understanding that QCOM management wants to keep the stock price around $50-60, then the math says that 3B shares will last until next years (March 2001) shareholders meeting. 150M issued now. Split 4 ways makes 600M shares. If the stock goes up to 120 a share after the split, then I would expect that a split of 2:1 would happen in March 2000. this gives 1.2B shares outstanding. If they sold another 50M shares (at the 8:1 split level) and then split mid next year as the new price reached over $100 (based on Voltaires prediction of $600 a share..), it would bring them to 2.5B to 2.7B shares. Not far off. Not saying the stock goes that high, but if they had to build in margin to make sure they didn;t need another proxy meeting to be called mid year, it makes sense.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next