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


To: DaveMG who wrote (29425)5/7/1999 9:35:00 PM
From: Mike Buckley  Read Replies (1) | Respond to of 152472
 
When they negotiated the deal with ERICY it's probably safe to presume that no one expected the price would be sitting at $210 on May 8.

I hope that's not true!!!!!!!!! If management didn't know how much money the company would be making after getting rid of the infrastructure biz, and if they didn't in turn know how that info being made public would affect the price of the stock, then all the shareholders are in real trouble.

Of course they knew the price would be at least as high as it is now. Frankly, my guess is that they figured it would be even higher.

--Mike Buckley

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