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


To: Ruffian who wrote (50756)11/17/1999 5:49:00 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 152472
 
"announced" soon! meanwhile, do you think anybody cares that batwing has written off $1.5 billion in the past few months? i wonder how long it takes them to earn 1.5 bil. their irid liability is said to be 2.3 bil--i think (but am not certain) that that's just their cash liability inc. 600 mil of receivables they may never see, and does not include r&d writedowns and such--gee whiz, the thing could get up to 4 or 5 bil eventually!; but they only have a reserve of 1.8 bil; that's another 500 million they need to come up with somehow in order to meet the estimated liability of 2.3 bil. obviously, they don't have a lot of cash to buy new stuff with! wouldn't it be nice for them to have a cash cow handset biz handed to them for one tenth of fair value, in exchange for ___ (BOGU!). but wait, there's this finnish dude that wants in the room...mr. batwing, can i place you on hold for a sec?