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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: hueyone who wrote (126127)12/21/2002 11:54:55 AM
From: techlvr  Read Replies (1) of 152472
 
If you are going to try to make a point, at least be full and honest. QCOM has 1.4B in cash and cash equivalents, plus 1.4B in short term investments (bonds), plus about .9B in receivables. This excludes the value of their fully paid-for real estate in San Diego, etc. This means they have at least 2.8B in actual investable cash.

It takes lots more money up front to develop hardware (QCOM) than software (MSFT).

QCOM is entering its rapid $ accumulation phase after 11 years of R + D and investing in supportive companies to carve a market from scratch away from the dominant European standard. This would be about as hard as Apple suddenly coming up with an OS that was guaranteed to take over 100% of the PC market from MSFT in a 5 to 10 year period. No mean feat. They will be picking up billions each year in cash.

Given these facts, please re-argue your point for me.

Thanks
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