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


To: Jon Koplik who wrote (36742)7/22/1999 6:12:00 PM
From: Maurice Winn  Respond to of 152472
 
*Funds Flow* Another $1bn day today! Close on $150. Maybe those who thought Q! were making a mistake selling stock for $156.50 were not quite on the mark. You can now buy the stock for only $150. So it seems that management has handed you some money on a plate despite yourselves. Somebody said wait until October and get $180. Others said they'd bumbled the 6.9m sold, were up to no good, should have told shareholders when they increased it from 4m [sometimes decisions have to be made quickly, like NOW].

Well, it looks as though Q! now has an extra $1bn in kitty and got it for as few shares as could be expected. A lot fewer sold than many if not all on this thread would have achieved.

Mqurice

PS: Jon, who are you calling 'normal'?