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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.71-1.7%3:14 PM EST
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To: jazzcat2000 who wrote (61010)1/9/2000 11:41:00 AM
From: Uncle Frank  Read Replies (2) of 152472
 
>> I believe the stock was close to 200/sh. when he announced the 4-1, which indicates to me that he wanted a post split price around 50 plus allowing a little more for
run-up.

I doubt that Dr. J was trying to get Q below 100. He just anticipated the stock was destined for >400 pre-split based on the earnings report, sale of the handset division, hdr, etc. As Q becomes less volatile I would expect to see splits designed to hold the trading range between 100 and 200.

jmho,
Unq
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