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: Voltaire who wrote (36479)	7/21/1999 6:13:00 PM
From: Morgan Drake	Read Replies (1) \| Respond to of 152472

V Man, There's no reason for them to give our money away, especially to funds which have to hold their stock anyway. (The midcappers really showed their appreciation today for all the Q has done for them, 'eh?) The active managers within fund families aren't going to buy a nickle's worth more of Q because they think Q management were nice to their index fund co-workers. If all the analysts are ramping up earnings estimates and resetting their price targets to $200, what do you now leave $88mm on the table? That is 2mm more shares at 156 rather than 200. I'd like to see some explanation by mgmt for this apparent boneheaded move which makes makes me sit up and say, "Gee, that was a brilliant maneuver. Why didn't I think of that?" Morgan