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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.32+2.3%Nov 21 9:30 AM EST

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To: MileHigh who wrote (50490)11/16/1999 9:52:00 PM
From: Wyätt Gwyön  Read Replies (1) of 152472
 
MileHigh, if you are suggesting a buyout of QCOM...IMHO, while anything is in theory possible, INTC cannot afford to buy QCOM cuz their PE is too low...it would be pretty dilutive for INTC and piss off their stockholders (and seriously, if they wanted to buy qcom, they probably wouldn't have wasted a billion in cash on DSP)...ironic, since it would be a great way for INTC to avoid the death clutches which they paradoxically face at their moment of greatest profitability [the light at the end tunnel being in fact a train called CHEAP PCs]...OTOH, a bloated PE co. like CSCO could afford QCOM for 150BB as a stock purchase, but since QCOM can double in a month on its own, what the hell do they need to get bought out for
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