The New Qualcomm - a S&P500 company Message Board

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

QCOM 173.43

-0.8%

Dec 29 3:59 PM EST

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To: The Reaper who wrote (4544)	12/24/1999 3:10:00 AM
From: Labrador	Read Replies (1) of 13582

Dividends received from another corporation to a corporate holder are subject to a 70% dividend-received deduction -- so only 30% are subject to tax. But with an investment in another company's stock (even preferred stock), one takes market risk. I would suspect that the company would park the cash in commercial paper, earning less than 6% until they decided what to do with it -- or pay down debt -- or a combination.

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