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


To: Voltaire who wrote (45551)10/21/1999 11:37:00 AM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Our favorite stock suddenly good again. 203-ish. Jon. eom.



To: Voltaire who wrote (45551)10/21/1999 11:50:00 AM
From: T L Comiskey  Respond to of 152472
 
Voltaire....OT.....lol....watch your P's and Q's....the Bobster is afoot...g.....come west young man...me and da Unc await your call.........Tim



To: Voltaire who wrote (45551)10/21/1999 3:15:00 PM
From: JGoren  Read Replies (2) | Respond to of 152472
 
I'm not convinced that split will be announced before November 2nd. I am not sure when the Board meeting is. Somebody posted scheduled board meeting dates a couple of weeks ago. Also, I am not sure that the company will announce the amount of the split; it may wait until around the time in January when the notice of the Annual Meeting is sent to make a final decision on that since the stock price has fluctuated so much. It could of course announce a contingent 2 for 1 and, if needed, split again later.

You previously wondered whether the market might react if the handset division sale does not produce a lot of cash. What would you think if there were a spinoff and a tax-free stock exchange to Qualcomm shareholders instead? I would take stock in the buyer; that would give shareholders a continuing interest in a handset maker. However, doing some quick calculations, the dollar value per share might be only $5, if the division were worth a billion.