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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: Art Bechhoefer who wrote (29096)11/19/2002 10:43:46 AM
From: slacker711  Read Replies (3) of 197271
 
First, it assures a CDMA foothold in the largest commercial market in Brazil.

CDMA already has a foothold in Brazil. In fact, Telesp has a 67% marketshare in Sao Paulo.

Second, it suggests that QCOM will continue to make strategic investments, which will add near term pressure on net income.

Shouldnt this only effect cash flow? Are you already planning to write this money off?

Slacker
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