Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: maxgo who wrote (81166)	9/22/2000 10:52:35 AM
From: David E. Taylor	Respond to of 152472

Maxgo: I'd add to that post that, as usual, I was a little early with that initial trading position at $64! But I'd also add that I took the opportunity of the dip to under $56 to add more as QCOM recovered, and then piled on some October calls the first week in September as it started to pick up steam. I almost took those calls out at $78 for a triple, and again yesterday at $72 for a double, but I'm still sitting on them. As far as the IPO is concerned, I agree with you that the IPO registration is probably ready to go. Goldman/Lehman have already shopped the IPO to institutional buyers and the large retail brokers, and they have a good idea of what they can price at. Either market conditions are delaying the registration, or there is something definitive in the works for QCOM/Spinco which will allow them to hike the IPO price because of improved future prospects for Spinco. My bet's on the latter. I think this thing is in the first or second innings, and that the $85-$95 target could easily be achieved or even exceeded by the IPO. JM2cW as usual. David T.