Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.30

+2.3%

Nov 21 4:00 PM EST

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To: Rich Bloem who wrote (50471)	11/16/1999 7:51:00 PM
From: Wyätt Gwyön	Read Replies (1) of 152472

Rich, I agree with you that the issue hasn't really been spelled out for us. But I guess the other issue is, nobody's expecting a big gain on sale...Alex Cena, in any case, is discounting a scenario for sales price of <750MM (contrasted against an accretive purchase value of 5BB, at least for Mot or Nok)...after taking care of departing employees' stock options so as not to fan the class-action-suit flames, there's probably not going to be a lot left over to divvy up. Rather, and as you surely know, it's the terms of the deal that matter, and there's probably no way to compensate Sony for a long-term ASIC contract they won't be a part of.

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