Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Poet who wrote (65271)	1/30/2000 11:50:00 AM
From: PAL	Read Replies (3) of 152472

Poet: Qualcomm is not going to jeopardize its plan to acquire SnapTrack for $ 1B in stocks. If the number of shares has been agreed upon, then the value will be less than $1B. But if the $ 1B price is agreed upon, then more shares are needed to close the transaction. QCOM has an abundant of cash from royalties, so that I will not be surprised if next week QCOM announces stock buy back. By now Dr J must have had a second thought of uttering the word slump in the next Q. Although his intention is correct, he probably did not expect the misreadings from analysts the like of Merril Lynch. Seasonal companies always have slumps Q to Q after Christmas, but they don't broadcast it like Dr. J. Do you think Walmart, JC Penney, Sears etc will make yearly announcements in January that the upcoming quarter is going to be soft. It is given. Just as given as the sun rises from the east. Good Luck next week. Paul

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