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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 177.78-2.2%3:59 PM EST
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To: Maurice Winn who wrote (93213)7/19/2010 12:50:38 PM
From: Jacob Snyder  Read Replies (1) of 197145
 
OT <Real size of problem:>

Here are some accurate numbers (that seems to be my role on this board, posting accurate numbers to the GAAP-haters who haven't figured out, one-time-charges aren't):

Oil well failure:
4B$ cleanup costs, so far
20B$ reparations to victims, already agreed on
??B$ fines
??B? loss of offshore drilling

So, cost is well north of $24B$.

At the bottom of your list, you should have put:

1 Quadrillion$: cost of rebuilding all the world's coastal cities on higher ground, after the Antarctic and Greenland ice caps melt. What do you think of my claim, that FSLR is the next QCOM? Are you still standing at the water's edge, shouting at the tide not to come in?
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