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

To: Boplicity who wrote (27041)	4/15/1999 4:41:00 AM
From: Labrador	Read Replies (1) \| Respond to of 152472

Some have asked why QCOM has announced the split prior to the date of the earnings. I suspect that this is a shareholder friendly move. Stock should pop, first upon the split announcement. Second, upon earnings releases, we may see a further pop. I have mentioned the Q to a few people in the office. They look at the price and say that can't afford to even purchase a round lot of 100. So with the split, the stock will "look more affordable" to the masses, and of course, increase the float. By the way, a source has told me to anticipate the Q beating estimates by 25%. Guess we'll see soon.