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

To: Uncle Frank who wrote (32727)6/19/1999 9:12:00 PM
From: JGoren  Read Replies (1) | Respond to of 152472
 
The pressure for a split would come from becoming S&P 500; institutions want wider distribution and a lower purchase price, that is, along the lines of what you say.

I just didn't think the company would want to spend the money on calling a meeting just to authorize more shares. It could do a 1 for 2 and avoid those additional costs while dropping the entry price to about 80. I guees it could send the proxy statement at the same time as the 3rd Q report and save a lot of cost.



To: Uncle Frank who wrote (32727)6/19/1999 9:15:00 PM
From: T L Comiskey  Read Replies (1) | Respond to of 152472
 
Frank....... "I seem to recall splits pending authorization of more shares being announced
by other companies,"...MSFT last split was done just this way.........Hope you are well....Tim


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