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

To: J Krnjeu who wrote (71035)	4/21/2000 6:19:00 PM
From: Dave Mansfield	Read Replies (1) \| Respond to of 152472

Since QCOM has no debit and several billions in funds, why doesn't QCOM announce a stock buy back. I'd much rather see them reinvest in R&D and make sure they remain a cutting edge company in CDMA, 3G or whatever.

To: J Krnjeu who wrote (71035)	4/21/2000 9:52:00 PM
From: waverider	Read Replies (1) \| Respond to of 152472

I don't want to be rude, but that is one of the most ridiculous uses of money I have heard of for a leading tech company. What that WOULD be telling the market is that QCOM has no vision to invest in the future. Q is not an investment bank. It is a technological invention machine. You need money to do that. <H>

To: J Krnjeu who wrote (71035)	4/21/2000 11:04:00 PM
From: JGoren	Read Replies (1) \| Respond to of 152472

Companies buy their stock back when they have no better use for funds either internally or for acquisitions. It would be a terrible waste of funds to buy stock back, especially in a general bear market. The company should have many good uses for funds to develop the business, including, making investments in cdma oriented businesses and maybe even to buy some spectrum in Europe to crack the European nut. Diamond is right, buying back stock would be admitting it has no better uses; not a smart thing in a quickly developing market.