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


To: mightylakers who wrote (127191)2/26/2003 2:48:24 AM
From: Maurice Winn  Respond to of 152472
 
ML, I have no idea what Huey wants. I suppose a drop in share price, presumably because he has sold stock short. That's the traditional reasoning.

I wonder what QCOM market capitalization would do if Irwin called it a day, suddenly, overnight!

That would give a good guide on what we hordes of capitalists think he's worth. I bet about $5 billion, or maybe $10 billion.

There must be some expectation of that event built into the share price already, since he's nearing 70. So perhaps it wouldn't be that much now that things are well on the way to successful and dividends are to be paid and the hard part is done.

I don't want to find out what difference his quitting would make. Before anyone gets confused, or misunderstands, I have seen not even the slightest hint that he is considering quitting and he has specifically, on many occasions, said that he is there for the duration. Of course he is now less involved with personally developing patents and so on.

Mqurice