Qualcomm Moderated Thread - please read rules before posting Message Board

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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting

QCOM 173.20

-3.3%

Nov 6 3:59 PM EST

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To: kech who wrote (19496)	2/24/2002 3:45:12 PM
From: Dexter Lives On	Read Replies (2) of 196537

My point was that what he stated represents denial of reality. They won't have any funds for investment; neither from cash flow nor from the capital markets. So capex will be 0, not $3.4B. If they draw on their last resort credit line to build out a worthless network with no proven profit generation power, their stock will be destroyed. Time will tell but I wouldn't wait to find out; but hey that's just me and my money ;^>. Rob

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