The New Qualcomm - a S&P500 company Message Board

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

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To: Peter Sherman who wrote (3558)	11/24/1999 1:38:00 PM
From: Cooters	Read Replies (3) of 13582

<<is this the first sign of T's capitulation>> I like to look at T's decision from two different angles; First, If T expected their existing wireless business to start contributing handsomely to the bottom line, they would not creating a tracking stock. They would want those profits to flow into the combined income statement. Second, If T understands they need to spend a lot more money to upgrade their wireless network, they would need to break the business out, via a tracking stock, to not further harm their overall financials. Both items point to an overhaul. Just a matter of what the overhaul will be. We'll need some additional clues to tell. Cooters

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