CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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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: Andre Lukas who wrote (1633)	2/11/1997 9:13:00 PM
From: A.J. Mullen	of 1819

Andre and all, I think I understand the deal Qcom is offering, please put me right if necessary. Qcom is saying lend us money, we'll pay you 5 3/4% And give you the option of buying shares at 23-25% premium over the current(ish) price. If That's right then I have a question: Does a $1 000 loan obtain the right to buy just $1 000 dollars worth of at the price stated? If so, then I agree it seems a v. good deal for current shareholders.

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