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

To: gc who wrote (36527)	7/21/1999 7:31:00 PM
From: JGoren	Respond to of 152472

What if the company announces in the next month a handset jv with Siemens in Europe? What if it gets a chip deal in Japan? What if Nokia finally decides it's time to buy our ASIC's? Any of those need lots of cash to develop. Growing companies need tremendous amounts of cash; the capital needed to carry increasing receivables for 30-60 days is enormous. Revenues and earnings have to fuel increases in the stock price from now on. When the stock price is 260 about a year from now, y'all won't be complaining.