The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 174.81

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Dec 26 9:30 AM EST

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To: phatbstrd who wrote (4529)	12/23/1999 7:18:00 PM
From: Cooters	Read Replies (1) of 13582

<<According to Cena .07 cent per share for the handset sale and interest income?? doesn't 165m shares x .07 = 11.5m. That sounds like interest inc only.. If Q were to recieve,hypothetically, $500m; divide 500m /165m shares =$3.03 per share????? someone please correct my thinking!!>> phatb, I think you are confusing the proceeds, which approximate the book value of the assets to be transferred and thus do not result in a gain, with interest income on the proceeds. Cooters

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