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


To: JohnG who wrote (35608)7/18/1999 9:34:00 PM
From: RoseCampion  Read Replies (1) | Respond to of 152472
 
However, I have seen no confirmation of the offering date for the 4MM +0.6MM shares. It may be later by a few days.

John - I was under the possible misapprehension that the S&P addition was as good as a sure thing for 7/21, and that the new shares would have to be available to institutions that day for them to do them any good (I know that index funds and the like don't _have_ to add Q the same day, but that would be their usual procedure, yes?) Hence the 'expected' pricing Tuesday night for first sale on Wednesday.

If I am wrong on one or both of those assumptions, I would say your (considerably more restrained) response would be closer to the mark than mine.

-Rose-