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


To: Uncle Frank who wrote (61016)1/9/2000 12:13:00 PM
From: alias  Read Replies (1) | Respond to of 152472
 
I'm probably in the minority but I'm not that enamored by splits right now. I've noticed over past couple of years as more and more individuals investors have become involved in the market that a certain "split mania" has evolved and companys seeking to attract, preserve and enhance Wall Street momentum seem to view splits as an appropriate strategy. Granted, announcement of a stock split can drive the price up but as we've recently seen it usually settles back to pre-split valuations. As I've previously mentioned on this thread, when I have second guessed Q management I have usually been proved wrong but I hope that Q doesn't do another split for the sake/psychology of the "small, individual investor". Q is now an institutional property and institutions are not "put off" by a high stock price. If Q management wants another split to discourage take over or for other sound, business model reasons, then so be it.



To: Uncle Frank who wrote (61016)1/9/2000 8:41:00 PM
From: JGoren  Respond to of 152472
 
Agree, Uncle Frank. As I have posted before, I believe that the company wants to maintain the price of its shares between 100-200--along the Microsoft model. Because of the lack of authorized shares this was not possible last year.