Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 148.83

+1.1%

Feb 4 3:59 PM EST

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To: Wyätt Gwyön who wrote (120570)	6/17/2002 8:36:42 PM
From: cfoe	Read Replies (2) of 152472

Forbes June 24 issue has an article on AWE and its CEO Ziegler. The issue is not available on Forbes.com yet, so I cannot include link. They say AWE's debt is $11.2B including the $3B just issued in April. In same paragraph it also says AWE's capex exceeds cash flow by $2.3B annually. this puts (according to the article, AWE's annual capex at $5.3B. Article also says the capex is going towards two objectives - cutting down on dropped calls by expanding capacity and "costly retrofits for new technology..."

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