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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: SpudFarmer who wrote (41246)9/16/1999 11:37:00 AM
From: Skeeter Bug  Read Replies (1) of 152472
 
att is the latest rumor. q has to sell to a company that will use their asics or they are in for a decline in eps at some point in the future.

why will their be a charge to earnings? i thought selling something was supposed to be profitable, not costly.

it will be interesting, to say the least.

i think they sell off this division in return for future asics purchases agreements. you know, wite off $500m to make $25m in asics annually - something like that.
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