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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 169.27-4.8%Jan 12 3:59 PM EST

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To: Jill who wrote (58160)12/30/1999 1:21:00 PM
From: Claude  Read Replies (2) of 152472
 
Voltaire or others,

Could someone explain why MMs that are short must cover today? I know we split but how does that impact their short - would they not just be short 4 times the shares (but at a cheaper price of course)? Wouldn't they just hold on until 2000 in hopes that some significant selling has been postponed due to tax consequences.

tia, Claude (rhymes with TOAD)
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