The New Qualcomm - a S&P500 company Message Board

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

QCOM 175.07

+2.6%

Dec 3 3:59 PM EST

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To: engineer who wrote (2190)	10/11/1999 5:31:00 PM
From: cfoe	Read Replies (1) of 13582

Great post. Taking what you said a step further, I refer to: Message 11508948 <NEW YORK, Oct 11 (Reuters) - Qualcomm Inc. (NasdaqNM:QCOM - news) shares broke into record territory Monday as the wireless telephone technology provider said it would use its $1.4 billion in cash to invest in companies that would speed the adoption of systems it pioneered.> Could some of that money (hopefully not too much) help fund "those entrepreneurial forces who buy up terminals and lease them to small poor operations per month by bundling it into the cost of service..."? If QCOM uses some of this money to seed ventures that create expanded use of its technology, without taking the size ownership stakes that would require recognizing losses (ala the investments that wound up in LWIN), this could be a major positive strategy. Comments please.

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