The New Qualcomm - a S&P500 company Message Board

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

QCOM 173.83

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3:21 PM EST

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To: cfoe who wrote (4533)	12/23/1999 9:00:00 PM
From: RoseCampion	Read Replies (3) of 13582

$300,000,000 x .06 = $18,000,000 $18,000,000 / 165 million = .11 / share. So I get 11 cents from interest. As someone who made the same mistake this summer (and was soundly chastised for it! <g>)...note that you're calculating pre-tax income. I would instead calculate: $300M x 6.5% = $19.5M = .118/share pretax .118 x .62 (38% tax) = .073/share ...closer to the estimate provided. Closer still if 194M outstanding share figure (including employee options) is used instead. -Rose-

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