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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 172.29-2.2%Dec 17 3:59 PM EST

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To: slacker711 who wrote (21977)4/29/2002 7:26:27 PM
From: Cooters  Read Replies (2) of 196981
 
Can anyone explain to me how buying $270 million worth of junk bonds is a better investment than Qualcomm buying back their own stock?

The bonds could be strategic in nature, or could represent an investment in companies QCOM has great confidence in. LWIN would be an example of both.

Cooters

PS They NEED to be buying QCOM stock, now!
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