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

To: Art Bechhoefer who wrote (13364)7/27/2001 8:57:52 AM
From: Getch  Read Replies (1) | Respond to of 196574
 
Yes, Q has no debt now, but watch out. Q burned through $78 million last quarter in cash and equivalents from its $2.1 billion. If this market doesn't turn around soon, Q will need to take out a loan in 26 quarters.



To: Art Bechhoefer who wrote (13364)7/27/2001 10:32:15 AM
From: Skeeter Bug  Read Replies (2) | Respond to of 196574
 
art, good points. so the reported 22 cents INCLUDED the 7 cent globalstar writedown? amazing, if true! most companies bury those one time losses (even if they recur every q!) deeeeeeeeeeeeep in their reports.

debt free is very important as is $2+ billion in the bank.


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