Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Neeka who wrote (112787)	2/9/2002 9:49:17 AM
From: Art Bechhoefer	Read Replies (1) of 152472

MAJOR ACCOUNTING ERROR uncovered at QUALCOMM!! In more than ten years since it has been a public corporation, QUALCOMM has omitted putting a value on its patents. What is QUALCOMM hiding? Answer--The accounting professionals don't seem to have a way to calculate intrinsic value, so they content themselves with questioning items like accounts receivables instead of dealing with the big picture. When accounting professionals eventually figure out how to treat the value of patents, they will be censored by Nokia. Art

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