Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Leap Wireless International (LWIN) -- Ignore unavailable to you. Want to Upgrade?

To: DaveMG who wrote (38)	9/23/1998 10:49:00 AM
From: Jon Koplik	Respond to of 2737

To all - in case anyone cares, I just bought a little LWINV. My brokerage firm did not have the ticker symbol "set up" in their system, so it took a while to be able to actually place the order. Jon.

To: DaveMG who wrote (38)	9/23/1998 10:58:00 AM
From: J.B.C.	Read Replies (1) \| Respond to of 2737

Since LWINV is already trading, we may not see any change as the traders have already discounted the dividend. If you owned 400 shares of the Q @ current price 0f $51 1/8 your asset is worth $20,450. With LWINV trading @ $6.75 and your dividend portion is 100 shares that value is $675. The hit to your Q asset value would be 20,450 - 675 = 19,775. Making your 400 shares of Q to be $49.43. I really doubt we'll see a price drop to QCOM, as they are still the same business that they were originally valued for, IMO. Jim