Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.54

-1.2%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Bechhoefer who wrote (121071)	6/28/2002 1:26:51 AM
From: Jacob Snyder	Read Replies (1) of 152472

re: Any interest rate increases would actually help companies like QUALCOMM which have little or no debt. You are forgetting the inconvenient fact that Qualcomm's customers have a lot of debt. Telco capex budgets were getting slashed even before WCOM did it's best Enron imitation. The easiest way to improve cash flow is to cut capex, and improving cash flow is what everyone is now focussing on. Rising interest rates means the fabled wireless data tornado for Qualcomm gets pushed out (further) into the indefinite future. If you want to know what the future holds for Qualcomm, watch what's happening to their customers. It's hard to prosper when your customer base is on the edge of bankrupcy. And rising interest rates are exactly the thing that will push many struggling telcos (big and small) into insolvency, by making it impossible to service their debts or rolling over ST debt.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next