Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 147.19

-3.6%

Feb 3 3:59 PM EST

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To: waitwatchwander who wrote (120412)	6/15/2002 12:24:36 AM
From: Wyätt Gwyön	Read Replies (2) of 152472

How does Sprint stack up in this area? i don't know what if anything PCS has in the way of credit lines, but considering they can't issue commercial paper anymore, i don't see why banks would want to give them credit lines. more generally, the problem i see with PCS is they have a huge amount of debt--some $14 BILLION last i checked. imho this is a big disadvantage for PCS compared to AWE. AWE was very smart to get a big investment by DoCoMo while the stock was still relatively high. of course, people who bought a betamax in 1982 and have refused to switch to VHS since then probably wouldn't understand why AT&T was willing to go with DoCoMo's technology roadmap. but some companies think financial solvency is better than being burdened with huge amounts of debt.

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