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 137.34

+0.8%

Feb 6 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: bananawind who wrote (9193)	3/12/1998 10:57:00 AM
From: Ramsey Su	Read Replies (1) of 152472

Jim, I am no expert on this subject. may be Gregg Powers could enlighten us. My basic take on this is positive and I really would have like to see them arrange 9 digit lines. This is the cheapest avenue for corporate financing. Much cheaper than issuing new shares. Remember the convertibles, was it last yr? That was much more expensive but was needed because QCOM did not have the balance sheet to satisfy bankers at the time. The best case scenario is QCOM being awarded the type of infra contracts that MOT and others have been getting. They can make money not only on the sale but a premium for financing over their cost. The risk, obviously, is a default, especially to the type of countries that QCOM is installing now. The CFO also mentioned some type of pass through technique by selling the financing. In simple terms, it is like a car dealership financing vehicles for the purchaser, then turn around and sell the paper to banks and other financial institutions. They definitely need the financing, if they are to move into the big league. Ramsey

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next