SI
SI
discoversearch

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: J.B.C. who wrote (92544)1/25/2001 5:09:58 PM
From: golfinvestor  Respond to of 152472
 
<They can spin off w/o issuing an IPO, it would be a wholly owned subsidiary>

IMHO, this would not satisfy the "independence" SpinCo would need in order to get a wCDMA chip deal done.



To: J.B.C. who wrote (92544)1/25/2001 5:16:20 PM
From: David E. Taylor  Respond to of 152472
 
Jim & gi:

I hadn't thought of that possibility, guess I was stuck thinking of an IPO first. Positives would be that no IPO means eventually more shares for QCOM shareholders and less underwriting expenses for the company, negatives would be less of a possible run-up in QCOM's stock that would likely occur ahead of an IPO, and probably less of a cash hoard for the new Spinco to start life.

Better for long term holders because less volatility (if that's possible!), but less of a swing up/down/up/down for the traders in the stock.

JMO.

David T.