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

To: waverider who wrote (71255)	4/26/2000 8:13:00 PM
From: Cooters	Respond to of 152472

<<OK, but what do you get for it? I mean the shares represent what? If you owned all of them, what you be able to get?>> Technically, you get the spoils of the business. At one time, that would have meant the dividends. No question, there are conflicts of interest at every turn. However, look at the Sprint PCS example. When WCOM bid for FON, they offered a new tracking stock for PCS shares plus .11xx shares(adjusted for 3/2 WCOM and 2/1 PCS) of WCOM as a premium. No need to go further. I agree with you in principle, with notable exceptions. Cooters