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


To: SpudFarmer who wrote (54722)12/17/1999 12:36:00 PM
From: Jenne  Read Replies (1) | Respond to of 152472
 
Hmmmmm ... G* ..
what is that,, GBLX?



To: SpudFarmer who wrote (54722)12/17/1999 12:41:00 PM
From: LindyBill  Read Replies (1) | Respond to of 152472
 
LindyBill, can we start a Gillionaires club?

A Billion dollars worth of Qualcomm? Well, lets see. As of right now, Q is quoted at 447 3/8. That means, if you had bought 559 shares at the IPO you would be a Quillionaire. 1000 Million is a Billion, so if you had bought 559,000 shares at the IPO you would be a "Gillionaire" That would have cost about 20 a share, or $1,118,000!!!!
(I don't have the original IPO price handy, and, at this number, we would adjust for the distribution.)