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

To: Valueman who wrote (24705)	3/23/1999 12:51:00 AM
From: Jon Koplik	Respond to of 152472

The reason I sold all of our AOL stock several years ago (at a split adjusted price of about $3) (I am not kidding) was because when I received the proxy statement that year (in addition to the annual report), I was absolutely appalled at the number of AOL shares "lurking" out there from employee option plans. My thought process had been : there's this many shares outstanding, let's assume X number more eventually due to options and other things, here's the market cap, here's where I think the company could be in a few years if things go well ... Well, when I read the real number of options -- all my calculations were off by such a large factor that I felt I needed to sell immediately (and did). For whatever reason, some of these high tech stocks (like AOL and Microsoft) seem able to get away with ridiculous additions to the number of shares outstanding, and NO ONE CARES ! I would suspect that Qualcomm's potential share increase is minimal compared to a lot of other companies. Jon.

To: Valueman who wrote (24705)	3/23/1999 4:23:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 152472

Revenue graph Since 1989 and this quarter is said by Irwin Jacobs to be a very, very good quarter. Loosely translated from conservative language, this means, "We have no idea what we are going to do with all the money rolling in". Just for interest, here are revenues [$bn] each dot = $33m 1989__0.032. 1990__0.047.. 1991__0.090... 1992__0.108... 1993__0.169..... 1994__0.271........ 1995__0.386............ 1996__0.813........................ 1997__2.096............................................................ 1998__3.347..................................................................................................... 1999__a very, very good quarter which means the graph zero needs resetting. 2000__ I realize I posted this a couple of months ago, but there might be some new readers interested in why Q! stock price is doing the same, having been attracted by the new highs nearing $100 per share. With all the options turning into real shares, we will still have plenty of profit to go around. Mqurice @432