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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: slacker711 who wrote (112598)2/8/2002 1:35:27 PM
From: Stu R  Read Replies (1) of 152472
 

I guess I should add that I dont understand the comment on receivables....so they might potentially have a small
case there.

The way I read the receivable issue is simply the same as the payment for a license fee with equity only the timing is different. In other words Q was owed money in the form of a receivable and instead of getting paid in cash they accepted the customer's stock. In effect the two transactions are the same only the timing of it is different.
Hope that helps.

Stu
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