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

To: Art Bechhoefer who wrote (62780)	4/18/2007 1:42:24 PM
From: Maurice Winn	Respond to of 197036

Art, you misunderstood. I want the cash paid to me. QCOM makes profits, stacks it up in bank accounts. The next step should be to write me a cheque, not buy shares from people who don't want to own them if QCOM is silly enough to pay too much for them: <your suggestion that QCOM pay dividends in the form of shares is tantamount to QCOM buying up shares first, and then distributing them. I don't see much value in such an exercise. > QCOM paid $44 a share to then have the share price decline to $34 a share. If QCOM had paid me a swag of cash at $44 a share, I would have been in a position to load up my Tonka Truck with QCOM shares at $34. King George II lowered dividend taxes a lot and I have large NZ tax losses which need whittling away. I don't want shares issued to me instead of money after QCOM has bought them from somebody who doesn't want them, at a high price. To buy them, QCOM has to bid higher than everyone else. That doesn't seem a good idea. QCOM has a huge stash of cash which is being diluted daily and fast by pixelation of freshly minted USD. That cash, kept long enough, will be worth zero. It needs to be spent now. Pay it to the rightful owners. That's me, not the management, in case anyone gets confused. Mqurice