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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.02-0.9%10:26 AM EST
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To: Gregg Powers who wrote (27130)4/16/1999 5:39:00 AM
From: brian h  Read Replies (2) of 152472
 
Gregg,

The deal substantially changes the business economics for Qualcomm. The elimination of roughly $150mm in pretax infrastructure losses should add $1.35/shr to the company's FY2000 earnings.

This number is not very clear to me. Are you saying 150 million is the loss on infra. bus. alone or the gross amount after 75 million loss plus 75 million pre-tax profit used against 75 million infra. business loss?

TIA. Best,

Brian H.
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