Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: A.L. Reagan who wrote (111570)	1/24/2002 8:55:41 PM
From: Art Bechhoefer	Read Replies (1) of 152472

The trouble is that if you adjust the book value to eliminate all the investments, then you'd have to make similar adjustments for other companies, and what you'd get would be . . . well, I can't even imagine what it would be. My purpose in using equity per share is to get a figure that at least can be compared to other companies. Also, the investments tend to improve revenues from chipsets and/or royalties, so it would be unrealistic to look only at one part of those assets. Art

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