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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Uncle Mikey who wrote (1626)2/11/1997 9:01:00 AM
From: Jim Lurgio   of 1819
 
Mike,
Thanks for the correction. I don't think 10 million shares will dilute the stock that much. I think something like this was much easier to put together than a registered security sale. The question now would be when the shares are converted into common stock what is the ratio.
1:1 or 4:1.I think the way the stock trades today will show us how Wall Street feels.
Jim
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