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

To: Jon Koplik who wrote (27085)	4/15/1999 8:52:00 AM
From: Sawtooth	Respond to of 152472

Hi, Jon. Congrat's to all on last nights G* launch of four more birds. <<regarding the choice of how to split the stock -- I assume that the QCOM options marketmakers at the CBOE (as well as the back office staff at the CBOE) are thrilled that Qualcomm's split was 2 for 1 and not some difficult thing like 3 for 1.>> Here's a bit of trivia from a study I found interesting: 3:2 splits tend to result in best continued gains for a stock. (Although, at the Q's current price, a 3:2 would not likely accomplish the objectives of a split.) ...Tim

To: Jon Koplik who wrote (27085)	4/15/1999 9:57:00 AM
From: JGoren	Respond to of 152472

Since my AOL program automatically can adjust for 2:1 and 3:1 splits what do I care. However, I don't want to lose even a fraction of a share of my favorite puppy. Tim, I agree. A 3:2 would not place the stock price at the most advantageous range to allow for smaller shareholders to buy the stock. My assessment is that folks tend to buy shares in the mid-range, $50-100 per share. Even though the whole lot scenario of yesteryear is not as fixed as previously, people psychologically prefer to buy whole lots.