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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 157.80+0.9%Jan 22 3:59 PM EST
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To: slacker711 who wrote (84195)4/4/2009 9:14:22 AM
From: Jim Mullens2 Recommendations  Read Replies (1) of 197321
 
Slacker, re: QCOM ditching proforma reporting---
“ it is long past time that they got rid of the pro-forma earnings presentations.”

To be clear, are you saying- ??

….1) QCOM should ditch pro forma reporting entirely, or

….2) continue to use pro forma with QCI included in such?


EPS—
			FY08		FY07
Pro Forma		$2.25		$2.01
Share based comp   (0.22)	      (0.19)
Tax items				 0.22
in proc R&D	     (0.01)	       (0.01)
QSI			(0.12)	       (0.08)
GAAP			$1.90		$1.95)


.
Not reporting Pro Forma would significantly disadvantage QCOM investors in respect to most other tech companies that employ share based compensation and R&D and utilize Pro Forma accounting.

If number 1 above, are you short QCOM?
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