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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?


To: Eric L who wrote (8986)1/28/2001 1:15:08 PM
From: Puck  Read Replies (2) | Respond to of 34857
 
Here's the relevant quote from the story, which will answer your questions: "The company added that it was "evaluating the need and timing of an initial public offering" for its chip-set business. In July, Qualcomm announced it would spin off its chip-set business, but delayed the IPO in late 2000. "The IPO remains a question of the market," Mr. Thornley said, adding that the company expects to fully distribute the chip-set shares by late 2001, even if an IPO doesn't occur."