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

To: LBstocks who wrote (4507)	12/23/1999 7:05:00 PM
From: phatbstrd	Read Replies (2) \| Respond to of 13582

INCREMENTAL INTEREST INCOME As part of the transaction Qualcomm will receive "several hundred million" dollars in cash. Based on our estimate for Qualcomm's earnings on its cash balance and the transaction price, we believe this will provide an additional $0.07 per share in earnings According to Cena .07 cent per share for the handset sale and interest income?? doesn't 165m shares x .07 = 11.5m. That sounds like interest inc only.. If Q were to recieve,hypothetically, $500m; divide 500m /165m shares =$3.03 per share????? someone please correct my thinking!! P ps Merry X-mas