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

To: William who wrote (29098)5/3/1999 3:37:00 PM
From: quidditch  Read Replies (2) | Respond to of 152472
 
In the last six trading days (with about 30 minutes to the close today), approximately 17 million shares (8.5 million if we eliminate Naz' double count--Jon?) of Q have changed hands. With the shares outstanding--77mm was fully diluted, 72mm or so actual?--the base is not as thin as the price action might suggest. I keep forgetting that the float is not that big.

As Mq would say, there has been a massive sell-off in Q! Regards. Liacos_samui



To: William who wrote (29098)5/3/1999 6:54:00 PM
From: JGoren  Respond to of 152472
 
In part, employees who are going to Ericy and other insiders who are exercising their options (with large tax bite--many with mucho options left) and selling pursuant to SEC Rule 144. Perhaps there are a few holders who are selling a part of their position to convert their original investments to cash for diversification.


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