Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 154.12

-3.3%

3:59 PM EST

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To: Jacob Snyder who wrote (81032)	9/21/2000 4:18:48 PM
From: David E. Taylor	Read Replies (2) of 152472

Jacob: As long as you are holding QCOM shares on the day the distribution of Spinco shares takes place, you'll get your share. The distribution date per the preliminary S-1 registration filing is approximately 6 months after the IPO date, which is supposed to be in October. That would make the Spinco share distribution date around April next year. However, given the fact that Goldman/Lehman will need around a month after the S-1/A (with share numbers, initial pricing, etc.) is filed, they're running out of time to get the IPO off in October. Maybe there's some big announcement pending and they want to get it out before they actually price the Spinco IPO - something biggish would allow them to crank up the offering price. David T.

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