*How to spend $1bn* Teri, Thanks for the url to: <
... From time to time we consider strategic transactions and alternatives with
the goal of maximizing stockholder value. For example, in September 1998 we
completed the spin off of Leap Wireless International, and in May 1999 we
completed the sale of our infrastructure products division to Ericsson. We will
continue to evaluate additional potential strategic transactions and
alternatives which we believe may enhance stockholder value. These additional
potential transactions may include a variety of different structures, including
spin offs, strategic partnerships, joint ventures, restructurings, divestitures
and business combinations...>
It seems that Q! might have in mind a China/Hong Kong/Q! joint venture for cdmaOne and cdma2000 expansion in China. They might do a Siemens/Q! joint venture with a view to European sales. They will expand handset production lines. Blah, blah, blah. These things cost BIG money.
They will want to increase Globalstar handset production. Nextwave Telecom will need a big heap of money sooner rather than later. HDR and cdma2000 need major input to get them ready to roll.
The point is they are thinking of major business opportunities and expansion, not some short term stock manipulation or trying to dilute shareholders for little effect [to put money in the bank].
There are very, very big business opportunities to be taken. This takes money.
That's it for me. In the absence of a market crunch, there won't be any big drops in Q! anytime soon.
Mqurice |
