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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 162.38-1.6%9:46 AM EST
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To: David E. Taylor who wrote (119210)5/23/2002 7:45:47 AM
From: arun gera  Read Replies (1) of 152472
 
>While they may have wasted some of that R&D expenditure on dead end products, overall they've generated about $8 of revenues (whether profitable or not) for each $1 sunk into R&D.>

David. Look at it another way. That R&D has been used by hundreds of other vendors to make all kinds of products. Qualcomm has been seeding the whole wirless industry with its R&D.

Arun
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