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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 3:59 PM EST

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To: Ibexx who wrote (112673)2/8/2002 3:37:34 PM
From: pcstel  Read Replies (1) of 152472
 
Qualcomm Pays Price for Counting Stock as Revenue

QUALCOMM?? Accounting Irregularities?? Who would have thought?? LOL!!!

Looks like the Magician is being called in for Questioning? Remember, "Investing is one of our primary business, that is why we count the one time sale of equities into our Pro Forma, but exclude losses on other investments because we no longer consider them as "relevant" to on going operations." Of course until the next quarter when we receive some cash payment from this "non-relevant operation", in which we will be happy to include it into our Pro-Forma once again.

PCSTEL
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