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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: kech who wrote (114703)2/28/2002 10:50:46 AM
From: puzzlecraft   of 152472
 
I didn't, thanks for bringing this up. Backing out the 6.9 million shares sold in 7/99, after the 2/1 split and before the 4/1 split, the diluted increase would be 31.7% or about 9.6% annually.

Edit: just now saw David Taylor's message to me (messages crossed), where he says I need to back out 72.623 million shares issued via convertible prefered. That lowers the annual dilution rate to 6.1%, still a factor, although not as onerous.
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