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 168.06

0.0%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Gregg Powers who wrote (12304)	7/13/1998 10:02:00 PM
From: Houston_CPA	Read Replies (2) of 152472

If it's not AirTouch, that would be a surprise... Gregg, The end of May you commented on how many moving parts are involved in finding the operating/money partner investor. I keep thinking about Lehman's investment banking for Qualcomm, AirTouch, MediaOne and all those beautiful PIES. The new SpinCo certainly could use such convertible preferred securities to finance a big pooled international wireless service provider. The new spin off company needs a two billion dollar portfolio, not just the $200 to $300 million portion now owned by Qualcomm. On May 27 I commented in msg #10894 about AirTouch: "AirTouch could pay for its interest with its unrealized gains in Qualcomm warrants, recoup its book investment losses in Qualcomm common, and part with some cash to boot. ATI needs those Mexican POP's for expansion and direct use of its Globalstar rights. Qualcomm gets out of financing the Mexican build out (and maybe recognize some immediate development fee income) while keeping technical control and prestige wins -- not to mention the antidilutive effects of buying in those shares and warrants at a discount". IMO I don't think Qualcomm will forget the one that brought them to the dance, namely ATI big investment in Qualcomm, partnership in Globalstar, customer relationship through PrimeCo.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next