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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Eric Jacobson who wrote (3707)7/13/1999 1:39:00 AM
From: John Stichnoth  Read Replies (1) | Respond to of 54805
 
Q isn't going to go through the hassle of issuing shares just for the sake of balancing market supply and demand. Clearly they must have something in mind. A purchase perhaps? Now, what would be tasty that they could buy (for cash)? Or, perhaps they want to start making their own ASIC's, rather than contracting out.

All speculation.



To: Eric Jacobson who wrote (3707)7/13/1999 2:20:00 PM
From: mauser96  Respond to of 54805
 
I find it a trifle hard to believe QCOM's story. I assume they are in favor of higher stock prices, and more demand than supply is good for this. OTOH, perhaps they are worried about some kind of rebound back down after S&P fund managers buy, or maybe they need it for options, or want to make an acquisition. In situations like this SI posters lack insider information about company needs, so I'm inclined to assume management knows what they are doing. They have done great for their shareholders recently.