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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.71-0.7%2:02 PM EST

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To: Gregg Powers who wrote (13846)8/18/1998 8:39:00 AM
From: Peter J Hudson  Read Replies (1) of 152472
 
Greg or whoever,

How is the spin-off handled in regard to options? Does the holder of QCOM options get a proportional position in spinco? How is the strike price determined (adjusted)?

If this has already been addressed I apologize. Every time I go fishing I get a couple of hundred posts behind.

Thanks for the help
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