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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.97-0.9%2:05 PM EST
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To: Pierre who wrote (12473)7/4/2001 1:38:25 PM
From: JGoren  Read Replies (1) of 197233
 
there can be many things hidden in the accounting, many bills and debts to be paid that were not apparent. it is entirely possible, and likely, that a thorough examination of the books revealed more problems. i think that partially explains the Qcom announcement. one thing you can always depend on, Qcom doesn't spout FUDD and doesn't lie. i think, aside from intransigence by creditors and perhaps other partners, Qcom was truly surprised when it opened the hood and looked closely.
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