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


To: Uncle Frank who wrote (3717)7/13/1999 11:05:00 AM
From: Teflon  Read Replies (2) | Respond to of 54805
 
In case you might be curious, Frank, I am selling an additional 40 QCOM October 155 Puts, as well as picking up more shares on this current weakness. Todays price action in the *Q* is a gift. I am hearing that earnings this quarter will be blow out.

I agree with Mike that they wouldn't have announced this additional sale of shares into the Market unless Q's management was confident in the current Q's results more than offsetting the negative dilutionary impact of this Offering.

Just my $.02,
Teflon



To: Uncle Frank who wrote (3717)7/13/1999 11:12:00 AM
From: edamo  Respond to of 54805
 
uncle frank.....gorillas in the mist....

qcom statement was additional shares issued for cash flow and corporate expenses........didn't know gorillas borrowed to buy bananas....kind of thot(jill n's word)they had their own plantations and stock piled em......

what kind of cash does king kong have on its balance sheet....i'm curious, because a company rife with cash tends not to issue new stock...