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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%3:59 PM EST

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To: James Song who wrote (10076)4/21/1998 5:20:00 PM
From: bananawind   of 152472
 
Well, yes and no. In addition to the aforementioned tax rate benefit, it seems there was also a change in the method of accounting for royalties that resulted in $18 MM of incremental royalty revenue. Not saying these don't represent real dollars, but both, at least on the surface, look like one-time adjustments. I'll withhold judgement until I hear what management says on the CC. -JLF
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