Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.15

-0.2%

1:45 PM EST

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To: brian h who wrote (27246)	4/16/1999 10:20:00 AM
From: bananawind	Read Replies (2) of 152472

Brian, I am sure Gregg can answer for himself, but I believe the math he implies is as follows: -Infra was losing $150 million per year, pre-tax -Using a 33% tax rate, that implies net was impacted at $100 mil./yr. -$100 mil on 74 million shares = $1.35 per share. ie. getting rid of the division will immediately improve EPS at an annual rate of $1.35 after-tax. Best regards, Jim

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