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

To: pcstel who wrote (94162)	2/21/2001 7:50:27 PM
From: waverider	Read Replies (1) \| Respond to of 152472

Interesting. Now that would be a twist. QCOM writes off the G* investment, etc. and continues to make phones that are not being used. You don't really think that Q would book additional sat phones this quarter as revenue...would you? THAT would be bizzare. This discussion is making me uncomfortable. I need this. Of course the optimist would say, well, G* will succeed and this is just getting ready for the explosion in subs! LOL! Keep us posted on this. Rick

To: pcstel who wrote (94162)	2/21/2001 11:14:42 PM
From: Stu R	Respond to of 152472

My recollection from the Q conference call was that going forward it would only accept cash for sale of G* phones. In that case they could not continue to "financial engineer" as you suggest. You also point out that some prior quarters eps seem to have been inflated. Do you have an estimate for how much in cents and in what quarters? Knowing this will make comparisons for this year's quarters more meaningful. Stu