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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Labrador who wrote (4545)	12/26/1999 7:29:00 PM
From: quidditch	Respond to of 13582

Lab, agree; in addition to market risk, you have liquidity constraints in many of the corporate preferreds that are out there for the taking in order to reduce corporate income tax. We don't yet know Q's plan for the remainder of its 900 million cash horde (after Korean investment/vendor financing for Brazilian carrier), but we can assume that it does not want to negotiate out of a preferred at a timing or dollar loss before it puts funds to work. Best holidays to you and your family, Steve