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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?


To: Somnambulator who wrote (57751)12/16/2006 10:37:51 AM
From: Jim Mullens  Read Replies (1) | Respond to of 197653
 
Somnambulator, Re: Acquiring Person Notification discussion, and>>>

“As QCOM buys back shares of their stock, are they removed from the float? If so, this would increase the percentage holdings of the company by outside investors. The increase from 15-20% may simply reflect this mathematical phenomenon...”

Welcome, and thanks for contributing.

Currently the largest holder is AXA (French outfit) at slightly less than 5%. Wouldn’t the Q have to buy back a huge amount of shares in order to expand their percentage 4 times to 20%?

BTW, interesting name--- do you have your own forum / Russian????

forum.somn.ru


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