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

To: Stu R who wrote (78980)8/24/2000 2:04:47 PM
From: qorilla_watcher  Respond to of 152472
 
<< I think the big spike in price was a result of
the IPO not the distribution.>>
Correct. I got mixed up as I used the money from COMS pre IPO to buy a new car this spring near distribution time. But the improving situation for SPINCO can certainly boost QCOM's price before distribution as it did COMS- especially if suitors are rumored.



To: Stu R who wrote (78980)8/24/2000 2:17:27 PM
From: foundation  Read Replies (1) | Respond to of 152472
 
"IPO is minimized by only 10 percent being offered..."
----------

Small float will make IPO more attractive to momo IPO players - easier to move the stock. High-octane tech Fundies like small floats as well - easier to walk up the price for end of month window dressings.

For price action, the smaller the initial float, the better.

Lots of volatility, however.


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