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


To: quasi-geezer who wrote (112584)2/8/2002 1:03:11 PM
From: Caxton Rhodes  Read Replies (1) | Respond to of 152472
 
Accounting problem with 2.3 B in cash? I doubt it.

Caxton



To: quasi-geezer who wrote (112584)2/8/2002 1:04:07 PM
From: the_wheel  Respond to of 152472
 
Yeah, and tell em to stop blowing millions on toilet paper, coffee and ACCOUNTANTS. They would be better off just hiring a $40/hour guy from a noname accounting school who doesnt know any slick tricks. Honesty is the best policy.



To: quasi-geezer who wrote (112584)2/8/2002 1:06:10 PM
From: Maurice Winn  Read Replies (1) | Respond to of 152472
 
Who might have an accounting problem? PCSTEL's proforma arguments notwithstanding.

The accounting all seems to add up and it all looks hunky dory to me.

Have you seen the subscriber growth curve? The earnings curve before R&D expenditure? This company is on a huge, decade long exponential growth curve which has just begun. There are billions of people waiting for a CDMA/cyberspace phone which is cheap enough to actually use and fast enough to be useful.

Mqurice