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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.39-1.9%3:59 PM EST
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To: Uncle Frank who wrote (85597)11/2/2000 2:41:11 PM
From: Jordan Levitt  Read Replies (1) of 152472
 
I think the delay of Spinco is just plain smart. Why IPO into an uncertain market? It is unlikely that this same weakness will continue in the new year. There is a seasonal influx of money during the first part of the year, and Nov-march is the strongest portion of the year for tech stocks.
No need to try and stuff something into a tough market when it is likely to get better in only a few months.
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