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

To: bdog who wrote (14888)	9/11/1998 7:14:00 PM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Regarding ... what is the "record date" and the "ex-distribution date"? The record date is a date that to everyone (except a securities lawyer) is meaningless. The ex-distribution date is the date where if you buy QCOM before it, you catch the spin-off; if you buy QCOM on or after it, you miss the spin-off. (The ex date is also the date when QCOM should begin trading down by more or less the dollar amount of the spin-off). As has already been posted several times, the ex date is (I believe) "on or about" 9/23/98. (Why they do not just say a date, I do not understand). If you want to make sure you've caught the spin-off, just buy QCOM soon. Jon.