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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: Skeeter Bug who wrote (129898)6/25/2003 12:36:27 PM
From: slacker711  Read Replies (2) of 152472
 
if the business was so darn good, they'd be using thie money to build their business rather than playing the options game. i guess it isn't that good.

I agree completely that Qualcomm shouldnt be dabbling in options....but I think you've got a logical disconnect with your conclusion.

Qualcomm simply doesnt have much need for cash in their day to day operations. They are fabless semiconductor company with a ton of IP and cashflow....where exactly do you suggest they invest their cash (within their core competencies)?

The business could be growing at 100% for the next 5 years and Qualcomm still wouldnt have much use for the cash in their day to day business.

Slacker
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