Qualcomm Inc (QCOM)

[pajaso-pajaso]

Just got my proxy materials.No vote on...

increasing the amount of common shares is what I say.

Share are diluted enough and more share for the purpose of goving them as stock options is a dubble wammy for the bottom line in that the options are now have to be written as a debt.

Since the last split, this stock has been sluggish, and I'm starting to hear the street talking about QCOM in terms of
"weak sell".

I'm thinking..next it will be the S&P stock evaluator taking away a few stars...then QCOM's troubles begin...at least from an investor's propective.

That is why I imagine, the board wants to create more common stock.

I am thinking QCOM is getting to risky to own anymore. Any thoughs of a 45 to 50 price target is a real long shot...if at all.

The rest of the proposals in the proxy statement really seem like the board is trying to consolidate power to protect themselves against some sort of attack.

This does not seem very good to me.

All other tech sectors are looking good....QCOM is not participating. You goota ask yourself why.