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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: w molloy who wrote (2)	7/21/1999 11:27:00 PM
From: Ramsey Su	Read Replies (1) \| Respond to of 13582

w. molloy, so what cost money? In no particular order: NextWave? JV with China? Brazil? LeapWireless? Expansion of handset? Would QC go from fabless to fabbed? Acquisitions? Before we get too far, does anyone have a really good idea how much money QC is going to have at their disposal? Ramsey ps To all posters, welcome, but please read ground rules before posting.

To: w molloy who wrote (2)	7/21/1999 11:28:00 PM
From: llwk7051@aol.com	Read Replies (2) \| Respond to of 13582

W molloy, I think the funds requested that Lehman get qcom to add to the shares and qcom saw they could use the money. Also, remember the index funds are usually only a small part of each fund group. Their goodwill is worth something beyond a few days of temporary stock gain. Qcom mentioned in the call 800 million in commitments, about 400 million to gstrf and about 400 to guarantees of infrastructure. I assume part of these commitments are yet to be funded and the remainder maybe slow pay or even uncollectable (Russia for example) Also, they will need funds for increase in hand set sales. A/r from these will increase dramatically. Should sell almost 800,000 more phones at about 200 per phone this quarter. That alone is 160 million. That probably means 40 to 50 million needed for these receivables and related inventory. (Maybe more) In addition, expansion of manufacturing line by over 150,000 phones this calendar year will take cash. The above are just obvious uses of funds. I believe Siemens JV and China expansion are both strong possibilities. Good luck to all and I hope this board takes off. Robert d.

To: w molloy who wrote (2)	7/22/1999 9:45:00 PM
From: Jon Koplik	Read Replies (2) \| Respond to of 13582

Re : Management clearly has something specific in mind [with issuing $1 billion worth of new stock]. No. I think it was just a wise analysis of : either speculators or QCOM shareholders can reap the benefit of the (relatively new phenomenon of) one time, huge, incremental, (permanent) demand for QCOM shares, due to massive amounts of funds placed with index funds (and QCOM being added to the S&P 500, of course). QCOM decided to get the windfall for the shareholders. Now (one nanosecond later), the discussion begins -- what should QCOM do with the money ? Jon.

To: w molloy who wrote (2)	7/24/1999 2:52:00 AM
From: Doug R	Respond to of 13582

Could it be..."Sell high"??? "Print up some currency Mable...we got us some buyers!.....way up here!" "But Ted, this stock is going to the moon. Shouldn't we be buying our own stock?" "Ummmm, Mable...this is the moon...at least for now." "Ok...sell away then...yeah...high...that's the ticket." 3 months from now..."QCOM showed their own brand of market savvy by getting a monster premium in a secondary offering within one day of their high for the year." said Wall Street reporter George Ottcha.