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


To: Jenne who wrote (61004)1/9/2000 10:48:00 AM
From: Randall Knight  Read Replies (1) | Respond to of 152472
 
Jacobs alluded on CNBC that another split is imminent.

I say that interview and although I think a split would make my options increase in value short-term, my take was that they haven't thought about a split yet. I believe his words were something like "We haven't talked about a split at this time but we'll see what happens and take a look then."



To: Jenne who wrote (61004)1/9/2000 11:05:00 AM
From: jazzcat2000  Read Replies (3) | Respond to of 152472
 
Jenne...When IJ commented on the last split, one of the things he wanted to accomplish was to get the share price down so more of the masses could participate. That hasn't happened. I believe the stock was close to 200/sh. when he announced the 4-1, which indicates to me that he wanted a post split price around 50 plus allowing a little more for run-up. If we do the simple math based on todays stock price, it would seem that a minimum of 2-1 is "imminent".
Two other points; JDSU and others have done almost back to back splits, influencing a mindset. Lastly, Qcom "only" has about 650 mil. shares out there whereas so many other "gorillas" have tons more. P.S. FWIW I don't see it happening when earnings are announced but maybe in 4-6 weeks.



To: Jenne who wrote (61004)1/9/2000 8:28:00 PM
From: JGoren  Respond to of 152472
 
It won't be split; it would be stock dividend. There is a difference.