Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.76

-1.9%

1:47 PM EST

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To: slacker711 who wrote (107991)	11/6/2001 5:13:42 PM
From: carranza2	Read Replies (2) of 152472

Puzzlecraft and you are correct. This is what it says: Pro forma revenues were $2.7 billion for fiscal 2001 and fiscal 2000. Pro forma earnings per share were $0.20 in the fourth quarter of fiscal 2001, compared to $0.23 per share in both the year ago period and the third quarter of fiscal 2001. These results are $0.02 per share lower than the forecast we made in July 2001 after adjusting for SAB 101. The shortfall was related to lower interest payments on loans to carriers. We got out of the handset biz, we got out of the infra biz, when are we going to get out of the carrier biz? It's simply too risky. I can't believe we might end up owning Vesper, Pegaso and G*. To have those co's on the books as so called assets is insane.

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