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


To: Maurice Winn who wrote (13182)8/1/1998 3:00:00 AM
From: mozek  Read Replies (2) | Respond to of 152472
 
OT

'In fact, the more stock certificates we convert into cash, the less cash there is readily available for continued conversion.' Not so.

Maurice,
You're correct that I was technically wrong. My point was that if we canonically convert stock into cash, and further assume that the intent was not to convert stock into stock with cash as an intermediary, the cash is not readily available for continued conversion. Moreso than Gregg, I realize that I am straying pretty far from my area of expertise :-)

I did like the strength in QCOM today. I may pick up more on Monday.

Thanks,
Mike