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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 156.59

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11:20 AM EST

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To: gdichaz who wrote (9292)	3/30/2001 1:11:11 AM
From: straight life	Read Replies (2) of 197287

Vodafone spent $74.4 Billion in June of '99 to buy Airtouch, which was folded into a 45% stake in Verizon Wireless. For VOD to buy the rest of VZ would cost what, considering the growth in VW subscribers and revenues (and also the market collapse)? $90-100 Billion? Could they afford to do it? After spending $320 Billion in the last 4 years on companies and who knows how much on licenses? Probably. They don't have a high debt load. Yet. But you must admit it's a far different climate for takeovers now than it was when they bought Mannesmann for $176 Billion in April of 2000.

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