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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 171.54+0.4%Nov 10 3:59 PM EST

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To: Uncle Frank who wrote (77642)7/25/2000 6:24:51 PM
From: cfoe  Read Replies (2) of 152472
 
$100M spin off? I was hoping for a bigger deal...



Am just catching up on this thread, so apologize if this has already been discussed.

The 100 million whatever ($ or shares) has to be a holding number. No way is 10% of QCOM (the IPO amount mentioned) worth only $1 billion. The real interesting number will be when Lehman and GS set the IPO price.

What this price will be is an interesting topic for future speculation.
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