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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 9:30 AM EST
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To: puzzlecraft who wrote (114701)2/28/2002 10:47:33 AM
From: David E. Taylor  Read Replies (1) of 152472
 
puzzlecraft:

In addition to the 27.6 million shares issued in the secondary offering in FY 1999, you need to back out the 72.623 million share issued in FY2000 to convert the preferred shares (originally sold in 1997) to common stock. Neither of these should be allocated to employee stock option exercise.

David T.
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