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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 3:59 PM EST

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To: Gregg Powers who wrote (11002)6/1/1998 2:47:00 PM
From: Clean  Read Replies (2) of 152472
 
<<We have been investors here too long, and suffered to much angst and anxiety over the investment, to get cashed out in the $80s. I know some would applaud, but then again, these are the same people who really don't understand their investment.>>

In most corporations, the the primary goal of management should be to maximize shareholder's wealth, meaning maximize the price of the stock. I would think, that at some point, QC management would at least entertain the thought of a merger or buyout, if for no other reason to maximize their own personal positions. This, considering the lackluster performance lately of the stock. As a shareholder, I agree that I would not want to be cashed out, but, what would most shareholders say? At the chance of taking a $30+ gain per share, I think most shareholders would jump at the chance.

Regards.

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