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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.26-2.4%3:59 PM EST

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To: Uncle Frank who wrote (96480)3/30/2001 8:33:55 PM
From: SGJ  Read Replies (4) of 152472
 
I dont think CPN is that risky right now. By the way I would like to ask something about QCOM that really is bothering me. Where is the money going to come from? We hoot and holler about the China rollout. Shouldnt we ask where the money is going to come from to finance it? Who is going to loan them the money? Will they be able to raise it in an offering? Do they have that much in a cash account right now? Im looking beyond the hype now and focusing on who is going to be buying, how they will finance it, and will thier checks clear. The same question needs to be asked of Sprint and Verizon. For the Euro telecoms that may be switching to CDMA overlays, this question needs to be answered. How is a debt burdened, over inventoried, over regulated industry going to get the cash to buy equipment for QCOM to earn royalties?
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