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: JGoren who wrote (101964)7/23/2001 3:38:29 PM
From: slacker711  Respond to of 152472
 
just wait until the spinoff company is worth double what it would be today and get another IRS opinion when needed?

I guess I look at it a little differently. If the market is currently undervaluing Spinco vs. QClassic, I would look at it as an opportunity to concentrate some of my investment in SpinCo. It would all depend on the relative valuations of the two businesses. I vaguely remember Sulpizio saying that initial estimates of the value of Spinco were 45% of the company. If they did the deal at that estimate, I think would actually put more money into QClassic.

I am not sure if I am thinking this all the way through...but since it seems like Qualcomm is not going to receive any cash for the spin, I am not sure if the exact price of the spin-off is all that important.

Slacker



To: JGoren who wrote (101964)7/23/2001 3:42:56 PM
From: Jack Bridges  Read Replies (2) | Respond to of 152472
 
What difference does it make if the shares are spun off to Q shareholders now or later? The shareholder determines when to sell relative to semi status, or anything else. Besides, the IRS letter is a bird in hand, and the resolution now would prevent some possible mischief down the road.



To: JGoren who wrote (101964)7/23/2001 8:52:57 PM
From: S100  Respond to of 152472
 
deleted