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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.67-1.4%1:57 PM EST
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To: David E. Taylor who wrote (92537)1/25/2001 5:06:12 PM
From: golfinvestor  Read Replies (1) of 152472
 
<Then, "the Company continues to plan for the spin-off with full distribution of QUALCOMM Spinco, Inc. shares expected to occur by the fall of 2001". If not spin-off to shareholders, spin off and distribution of shares to whom>

I think what they mean is there might not be an IPO, but the spin off would certainly be to shareholders. Just like LWIN with the exception of SpinCo being tax-free.
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