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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: Cooters who wrote (6439)1/23/2001 7:08:02 PM
From: Jack Bridges  Respond to of 197146
 
Thus the voucher adds after-tax .01 to earnings,with the asset still on the books.



To: Cooters who wrote (6439)1/24/2001 12:37:58 AM
From: Mr. Sunshine  Respond to of 197146
 
<<Leap expects this rate to be at the London
Inter-Bank Offer Rate (LIBOR) plus 7.5%. >>

This seems extreme. I think LIBOR is around 6.0, so the total interest rate being charged to LWIN is over 13.%. Basically junk bond status.

You would think QCOM would give LWIN a break in order to encourage the use of CDMA.


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