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

To: Morgan Drake who wrote (36476)	7/21/1999 6:01:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 152472

Very good question Morgan. To my mind, additional offerings are nothing more than a " casting of lots ", nothing more than interpretive Bulls---. If the street likes you, they are good for you, if they don't, they are bad. My personal opinion is the street will like this in the next few days simply because they like the Q. Simplistic view, but that is about par for me. Selah, Voltaire

To: Morgan Drake who wrote (36476)	7/21/1999 6:03:00 PM
From: alias	Read Replies (2) \| Respond to of 152472

Perhaps management needed six but initially went for four or they thought they only needed four but now think they need six or they need four but want eight and six is a compromise? Interesting.

To: Morgan Drake who wrote (36476)	7/21/1999 6:16:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 152472

I very much doubt that it will sit in a money market fund. In an exploding market, there are lots of investment opportunities. For example, how about expanding rapidly mobile phone production and becoming the Nokia of CDMA? If Q management invests this money in the business wisely it can be very good for current (long term) stockholders. An additional reason for increasing the size of the offer is to satisfy demand by institutional investors. Relatively speaking, Q is underowned by them. What better way to become friends with the fund managers? After all Q's stock price is very much dependent on their future actions.

To: Morgan Drake who wrote (36476)	7/21/1999 6:44:00 PM
From: gc	Read Replies (1) \| Respond to of 152472

Q has 150 m shares outstanding. 6 m shares constitutes only 4%. Not a big deal if you are talking about dilution.

To: Morgan Drake who wrote (36476)	7/21/1999 8:55:00 PM
From: Boplicity	Respond to of 152472

Because they knew the market could absorb the shares. Why not get as much as you can get, especially with the avalanche of wireless access devices that will becoming? In my mind, be added to the S&P 500 and having to do a secondary to accommodate the funds needs, is one great position to be in. Look how much money they are getting by selling paper to funds that will NOT be selling anytime soon. This secondary is nothing but a blip to us who are looking at the big picture of 3G spreading like wildfire across the globe. Greg