Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.00

+0.4%

Dec 9 3:59 PM EST

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To: 16yearcycle who wrote (122442)	7/30/2002 12:28:23 PM
From: Sully-	Read Replies (2) of 152472

12:24 ET Sprint FON, PCS pop on news of $1.5 bln credit facility (FON) 8.60 +1.30: Announces it has obtained commitments for a new $1.5 bln revolving bank credit facility, which will replace an existing $2 bln facility that would have expired in Aug 2003; co has no plans to draw against the new facility. Also, Sprint has reduced its outstanding commercial paper from peak levels of nearly $4 bln to zero today, and the co continues to expect to be free cash flow break-even for 2002.

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