SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Gorilla and King Portfolio Candidates
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mmbw who wrote (34196)11/2/2000 11:17:20 AM
From: saukriver  Read Replies (3) of 54805
 
martha,

the delay in the Spinco IPO is just news. The IRS ruling that the distribution would be tax-free was a necessary ingredient. But the delay in the IPO may have more to do with the sour market for IPO issues right now.

Also, there are two schools on the Spinco IPO. Some feel that QCOM definitely wants to spin off chipmaking. Others feel that Spinco is threat to those who may need a license from QCOM. They can get them now, or they can delay and be in a position of having to buy chips from Spinco and pay royalties for QCOM IPR. If enough companies license QCOM IPR, the spinoff may not be necessary.

Who knows? But this IRS ruling is just really perfunctory news and a good reason to push the IPO back to what may be a better market in early 2001. Or, if you subscribe to the Spinco is a licensing threat school, it makes the threat that much more credible.

saukriver
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News