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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: JGoren who wrote (32716)	6/19/1999 3:53:00 PM
From: Uncle Frank	Read Replies (2) \| Respond to of 152472

>> There are 156 million shares outstanding and only 300 million authorized. There cannot be a 2:1 Not true, JG. Authorization is just a formality, since so much of the stock is tightly held. I seem to recall splits pending authorization of more shares being announced by other companies, and I've never seen a case where authorization wasn't granted. I think it's important that Q increase the float. It will reduce volatility and make it a more attractive institutional investment. jmo, Frank