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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.60-3.1%11:06 AM EST
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To: Art Bechhoefer who wrote (25115)3/25/1999 9:27:00 PM
From: Clarksterh  Read Replies (1) of 152472
 
You may recall that Q had to finance some of the Sprint PCS handsets in order to help out with a cash flow problem at Sprint.

Thanks, that is one item that makes it better than it thought, although it still does not sound like a lot of cash if it is going to immediately disappear into vendor financing - and Dr. J was pretty clear that there would be no cash that wouldn't immediately disappear into such financing.

Clark

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