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

To: cfoe who wrote (107967)	11/6/2001 5:00:54 PM
From: carranza2	Read Replies (2) \| Respond to of 152472

The accounting change took .03 off pro forma earnings. So at .23, the comparable figure is .26. Not bad, not great. Better than a lot of tech co's. Pegaso was the difference. Probably at least a penny more if it would have made its interest payments. Lesson there is a serious one. Carrier financing is a dicey proposition. If Q ends up with a majority of Pegaso, yet intends to sell it within 12 months, then the wolves will circle it. Q needs to forget about Vesper, Pegaso, and not screw around with G*.