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

To: marginmike who wrote (36516)	7/21/1999 7:15:00 PM
From: Anthony	Respond to of 152472

What if they are going to announce they are expanding their phone manufacturing in China, is that going to change thing around? Just throwing out scenerios. Maybe something big is being cook up.

To: marginmike who wrote (36516)	7/21/1999 7:25:00 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Jason, responding to a sudden huge demand for stock by offering some more to raise badly needed expansion money seems okay to me. They initially went for 4m, then realized demand was huge, they could use the extra money, so increased the offer to 6m plus .9m overallotments. Sellers can read the news, calculate the dilution, figure out their price and buy or sell accordingly. I see no dropped ball. No deception. No mistake. A great plan and a great company. The extra money should be positive on the stock price. A capital short company suddenly has heaps for expansion. The dilution is trivial. The capital base of current assets doubled. This company is about rapid production now. We can't wait until October for the share price to rise. The market demand is NOW. Expansion is needed NOW. Mqurice