SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: idler who wrote (49792)11/14/1999 12:06:00 AM
From: MileHigh  Respond to of 152472
 
Part of the reason that article was written is because there is always someone out there that wants to punish success. They think success is bad and that Q must have become so successful through unscrupulous means. They do not understand value creation and the capital markets. In a way, I think many of these types are socialists, or worse, closet communists.

May sound paranoid or hysterical, but in many cases I think it is the case.

MileHigh



To: idler who wrote (49792)11/14/1999 12:25:00 AM
From: Greg Jung  Read Replies (1) | Respond to of 152472
 
idler, I counted 7 litigations pending, one of which was
the demand that Motorola stop using the patents it licensed
from qcom while qcom continue using those patents from Mot.
They are playing hardball out there but nobody has a dominant position like MS has, although they'd like to.

On a seperate topic, discussion of the valuation implies
that the earnings discussed are infact real money, well
they are consistently charging this or that as non-recurring
item so that the sum total per share this company
has earned since 1993 is $2.55 !!
Can they ever just operate the business and tell you what they earned? the share count has also been dramatically increasing, perhaps one reason for its favorable reviews is that, as of July 21, 1999 Lehman Bros and Goldman Sachs paid
$1,000,000,000 for 6.9M new shares at $156.50. I think you
can safely conclude that few in the investment banking industry will venture a negative word on the stock, at least until this deal is far behind them.


Earnings 1999
Per Share Fiscal
(Diluted) (1) Quarter 1 Quarter 2 Quarter 3 Quarter 4 Year

Operating (2) $0.33 $0.41 $0.75 $0.91 $2.46
Pro Forma (3) $0.59 $0.60 $0.86 $0.91 $2.99
Reported $0.33 $(0.29) $0.35 $0.73 $1.24