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

To: JRH who wrote (36511)	7/21/1999 7:11:00 PM
From: John Westman	Read Replies (2) \| Respond to of 152472

If this kind of action makes your stomach churn... frankly you should consider a nice, safe money market. How in the world you can question management's ability based on your experience over a 4 month holding period is beyond me. I'd love to see you guys head for the exits this week, drive down the price so that the rest of us with a stronger stomach can pick up a bargain. j

To: JRH who wrote (36511)	7/21/1999 7:19:00 PM
From: DanQUAL	Respond to of 152472

Trust me, I'm new to the thread but not to the Q!. Relax. Mgmt knows what they're doing. DanQUAL

To: JRH who wrote (36511)	7/21/1999 7:20:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

Justin, you are getting the wrong impression. A stock market is for raising capital and to provide liquidity to shareholders. It was timely to raise capital and selling stock is a good idea. To do it when there is suddenly increased demand for the stock is a good idea. All straight forward. Relax, learn more about the company and management's long and successful record. See what is coming up and prepare for a comfortable retirement. Qualcomm is not in the business of trying to control the stock price on a short term basis. They respond intelligently to stock price and other market activities, such as the opportunity to raise capital. Seems like a good idea to me. Mqurice

To: JRH who wrote (36511)	7/21/1999 7:25:00 PM
From: slacker711	Respond to of 152472

As mentioned before, I believe that management is trying to control the stock price in a major, major way, and I think that is a big mistake. The funny part about this debate is that it is the exact opposite of one that has gone on in this thread a couple of times over the last year. These other times the concern was that management had done nothing to 'sell' the company to Wall Street and thus was short-changing shareholders. I think that Gregg Powers weighed in several times that over the long-term it simply didnt matter. As to the Q being deceptive....I think it is pretty reasonable to assume that they hoped to raise as much cash as possible without diluting shareholder value too much. Just a possability, but when they guaged the amount of demand from funds, they decided to up the number of shares. We have all noted that the Q is still a small company versus most of the competition (Nokia, Ericsson, Motorola) well this cash will give them the ammunition to compete. Personally I'm hoping that they pursue one of the following projects. Either would give me back a 10x return on the 5% dilution that they cost me today. 1) Expansion of phone production (and I mean well beyond even the 1m a month sited). Nokia is supposedly going to ship somewhere around 80m phones this year. 2) Development of a W-CDMA ASIC. I said it before, if the Q wants to become an ASIC supplier for this market they need to start development NOW in order to capitalise on their relative lead. I can understand if some long-term holders question management (that is your right) but I think their record has been pretty solid. If you are a trader or hold options, sorry but that is part of the risk. Slacker