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To: Lance Bredvold who wrote (882)	8/9/1999 4:35:00 PM
From: tom pope	Respond to of 891

Yes, you're right - I'd overlooked the cash component. I hope they haven't done away with the comparative graphs in the new SI!

To: Lance Bredvold who wrote (882)	8/9/1999 4:42:00 PM
From: Lance Bredvold	Respond to of 891

Jim, having thought about arbitrage a bit more since posting my comment on use of the QCOM board for superior knowledge, I would like to revise my statement. I still wouldn't put my own skill up against an arbitrage pro--despite the fact that I believe my knowledge and understanding of that company are superior to the AVERAGE professional's--not the one who is betting heavily on that particular company or a particular part of its finances. Small but important difference. Lance