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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (36473)7/21/1999 5:51:00 PM
From: KyrosL  Read Replies (2) | Respond to of 152472
 
That's close to one billion. Anybody has any ideas as to what Q intends to do with the money?



To: Ruffian who wrote (36473)7/21/1999 5:51:00 PM
From: Morgan Drake  Read Replies (5) | Respond to of 152472
 
So tell me again why increasing the funds' allocation from 4mm-6mm is good for current Q holders? And please don't give me that Thornley crap about accretive to earnings because it will yield 5% (PE of 20) in a money market fund. Growth investors don't pay PEs of 50+ for a money market fund.

Morgan


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