This is the 4:1 split before the fortcoming 2:1 split in early 2000.
RE: 4:1 split (just a personal view---non-technical...no indepth analysis is needed.) I think that the Q did not do the optimum (split ratio) thing. At the time of actual split or a day after, QCOM will be around $600, which will leave us with $150 a share stock, racing to 200 nonstop. This, again, is too expensive for the average investor who like round numbers for their kids college education, gift, memebership to Q-Club, being part of americana, pursuing the dream, having what everybody should have (q-shares), striving towards 100-Q-shares-Club, etc. A good stock price for a growth company (QCOM) is below $100, say $50. So, 8:1 should have served Q better than 4:1, at this time. Of course, a 2:1 or 3:1 (although, I don't care for odd numbers) in February/March should follow this... anyway. |