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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: John Dough who wrote (1345)	1/4/2000 3:52:00 PM
From: Maurice Winn	Respond to of 12239

*Q! not being bought out* Mark, at $80 a share, [$10 today] there would have been heaps of sellers, maybe taking the number over 50%, which is apparently the trigger point for a complete compulsory buyout. Irwin and other determined owners might have been forced to sell. The poison pill wasn't a total immunity. I can't even remember what it was exactly. Anyway, Irwin Jacobs recently said he was concerned about being bought out, so it was obviously an event that could have happened. It's all a bit academic now because nobody will be able to buy Qualcomm without people thinking 'heck, this thing must really be worth a LOT'. So there will be resistance to selling up to $300bn market cap. A takeover less than that would be hard going I'd say. Microsoft might not even be able to do it, even if they wanted to. Not that the JJJ Klan would let them. Mqurice

To: John Dough who wrote (1345)	1/4/2000 5:27:00 PM
From: Drew Williams	Read Replies (2) \| Respond to of 12239

As I was picking myself up off the floor from the shock of seeing today's close (though it was somewhat expected sooner or later) I consoled myself with the fact that I am still way ahead of where I was a week or so ago. Then I thought about where I was nearly two years ago compared with today. If I remember the splits correctly, the shares I bought then for about $53 are now worth $1,296.50. Mqurice is quite correct in that lots of people would have sold the company for $80 back then. It all seems so long ago. Heck, for a while there my LWIN spinoff shares were worth more than that! (and will be again soon.)