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: Maurice Winn who wrote (36501)	7/21/1999 6:52:00 PM
From: JGoren	Read Replies (3) \| Respond to of 152472

Ditto. A growing company needs CASH, lots of it. Qcom has more demand than it can meet; it needs cash to build capacity and invest in new projects. I'm sick and tired of the carping at management. I am tired of wading through over a hundred posts each day, most of which are worthless. If this continues, the thread will have nothing left but a bunch of mo mo guys, options traders and newbies (who have never appeared on the thread until the last week or two) who only care about a point or two and who don't understand the company's business model and couldn't care less about the company--only whether the stock is up a few points today.

To: Maurice Winn who wrote (36501)	7/21/1999 6:58:00 PM
From: marginmike	Read Replies (2) \| Respond to of 152472

Maurice, MGMT baisic temperment has changed. I always had full faith in Qcom MGMT. My faith has been shaken. What they did(offer shares) is great. However sacrificing its shareholders to pander to big Money managers is unacceptable. If it was 5 million or 10 million they should have made it clear upfront! Its the litlle investor that held through thick and thin whille these bozoz(MM) hammered this stock. They almost broke the company, by forcing them to deal with Ericy. Qcom always played fair with everyone. "The times they are a changin"

To: Maurice Winn who wrote (36501)	7/21/1999 6:58:00 PM
From: Rocket Scientist	Read Replies (2) \| Respond to of 152472

I also think a 1B$ extra cash is worth <4% dilution. I understand why options holders might be upset (and marginmike should be feeling pretty smart for selling his calls) but most here planned to hold or acquire more of this stock based on long term fundamentals. So, now you have 4% less participation in those fundamentals, but the company has doubled its current assets, and as MW says there are lots of things it could buy with the money that will improve the fundamentals by a lot more than 4%. If MMs really dump stock in the next few days, won't it just be an often wished for buying opportunity?