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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.32+0.3%Dec 8 3:59 PM EST

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To: JMD who wrote (12713)7/22/1998 1:35:00 AM
From: Clarksterh  Read Replies (1) of 152472
 
Question on Earnings Report:

There were a variety of items on the Earnings sheet which will not reappear in future earnings. Most of these I understood. However, I do not understand the $18.x million 'writeoff'. From the description in the text it sounds like this is reserve pool for QPE, but the text also says this is an offset for some other accounting event. Which event is that? And where is it buried in the Earnings sheet (or is it in the balance sheet, or ... )? Anyone know?

Clark
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