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

To: dougjn who wrote (15405)	9/23/1998 11:15:00 AM
From: John Dough	Read Replies (1) \| Respond to of 152472

<Does anyone have any CLUE as to what the Leap Wireless shares will trade at? Or what the impact will be on Q's own price when the Leap shares are separated off?> I believe that the Q should open tomorrow morning at 25% below what it closes at today. Same as a 25% dividend.

To: dougjn who wrote (15405)	9/23/1998 11:23:00 AM
From: Valueman	Read Replies (2) \| Respond to of 152472

Well, judging by the when issued trades, it should shave 1 1/2 to 2 points off of QCOM's price. With the more positive financials that will come from the spin off, and with some buyers holding back so as not to receive a taxable dividend, in all likelihood it will trade up tomorrow. Remember that we should hope for the lowest possible price on LWIN on day 1 so that our tax is the lowest(unless we are from NZ, of course).