Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Brian Lempel who wrote (6193)	12/11/1997 8:53:00 PM
From: Brian Lempel	Read Replies (1) of 152472

Here is QCOM's response to my question. Could have been a lot clearer, so help me decipher it. To me, it looks like they are protected for the most part... Brian - Our product sales into Korea are denominated in USD. Our royalties from Korean manufacturers are based on won but paid in USD. We have a mixture of exposures. The won is considered an exotic currency that is difficult and expensive to hedge. If you would like to know more, please send me your phone number. >Date: Thu, 11 Dec 1997 17:34:09 -0800 >From: Lempel <lempel@n-jcenter.com> >Reply-To: lempel@n-jcenter.com >To: www-ir >Subject: Currency Hedging > >In light of the severe problems in Asian currencies, I am trying to >find out QCOM's exposure. Do you engage in currency hedging >(especially in Korea), and to what extent are you protected? > >Thanks, > >Brian Lempel Comments would be appreciated. Brian

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next