Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ruffian who wrote (35143)	7/15/1999 4:45:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Best guess - if the S&P add date is the 21st (and, I am assuming that means 9:30 A.M. on the 21st), then the deal would be priced late on the 20th, to be offered first thing on the 21st. (Thus, if the stock goes up $20 in response to the earnings, the share offering captures the extra $20). Jon.

To: Ruffian who wrote (35143)	7/15/1999 8:27:00 PM
From: Thomas Tam	Read Replies (2) \| Respond to of 152472

I believe it will be on July 21. One interesting note, when I initially read the prospectus, it states a maximum valuation of $140.6875 per share as that was the average price on the announcement of the secondary offering. So no matter what price the shares end up on that day of inclusion, the offering will still be at $140.6875. Now for the rest of those funds who aren't so chummy with Goldman or Lehman will have to buy off the market and deal with it. So if my initial estimate is right and they need 9 million shares, then the market will have to buy an additional 4.5 million to meet their needs. Should easily power this stock to new levels. The only bad part is I need to pick up more of this stock and it doesn't look like a cheap entry will be had anytime soon. Later