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

To: Thomas Tam who wrote (35164)	7/15/1999 10:11:00 PM
From: rel4490	Respond to of 152472

Thomas , the maximum valuation of $140.6875 is used only for the purpose of fixing the SEC filing fee. The number will be changed on the effective date of the offering to reflect current price.

To: Thomas Tam who wrote (35164)	7/15/1999 11:57:00 PM
From: JGoren	Read Replies (1) \| Respond to of 152472

I haven't seen the prospectus or the reference to $140.6875, but it could be that that is the maximum value for calculating the underwriting fee. Check the text carefully and see if it is talking about the underwriting commission. The other post re it being temporary figure for the SEC filing fee may also be correct. It is almost certainly not the offering price; the company is not going to leave some $60 million on the table; and $140 is disruptive to the marketyou can't have two widely divergent market prices. Is there anyone out there who works(ed) for an investment firm and knows something about pricing? How is this thing going to priced? Theoretically, one could price it at let's say, the market price at 9:30 a.m. on July 21st (i.e., the offer goes effective) and the buyers could be on the phone to say yea or nay. Does anyone know the prices of similar offerings vis a vis, whether they were set the night before, what the closing price was the day before, etc.?