Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 164.53

-0.4%

Jan 14 3:59 PM EST

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To: Andrew N. Cothran who wrote (108147)	11/6/2001 11:53:14 PM
From: Jacob Snyder	of 152472

re: Pegaso is a very temporary phenomenon Pegaso, yes. But QCOM has a habit of investing in a number of companies like Pegaso, which is why the new-and-not-impoved-SAB101-modified-profits for FY01 are: pro forma....+0.98 GAAP.........-0.73 Notice, one is a positive number, and the other is negative. And the reason those numbers have different signs, is because QCOM puts money into companies like Pegaso (and Globalstar, and others), and this money has a habit of going away and never coming back. And this is not a singular, one-time event, it is a repeating problem.

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