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

To: rkral who wrote (112810)2/9/2002 11:03:33 AM
From: kech  Respond to of 152472
 
Since Maurice is obviously asleep on the job -g- (it is early in the morning down under I guess) let me offer a link to MQ's comment that Q concealed "heaps of actual cash received in the R&D department". He is just saying that there is an argument in accounting that R&D should not be expensed but should be capitalized on the balance sheet like other investment since it benefits the company over a long time rather than just in the year it is incurred. This would raise Q's earnings quite a bit since its major ongoing expense is R&D expense.



To: rkral who wrote (112810)2/9/2002 11:37:01 PM
From: Maurice Winn  Respond to of 152472
 
Ron, Tom's right. I meant that R&D is huge and so are revenues apart from that $7 million which 55 million shares went berserk over [along with a job at an accountancy firm 25 years ago].

R&D is income diverted to earning future income.

Mq


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