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


To: Steve168 who wrote (19186)2/17/2002 2:58:35 PM
From: techlvr  Respond to of 196412
 
1. Where do you see QCOM stock going? 20s or 60s? While it may dip to the 20's if wireless telecoms continue to take a hit, I think it will hit the 60 area by year end.
2. With the obvious slowdown in wireless subscriber growth, do we see the full effect on QCOM price already or the worst is still coming? Could be a bit worse, but when the upgrade buy cyccle hits, it will turn up, possibly sharply.
3. Do you buy, hold, sell or sell short QCOM? Hold, and occasionally buy more.
4. PCS has debt/equity over 11, incurring huge debt interest payment while operation still losing money, I think PCS may go bankrupt, do you think this is possible? No, they will make it until June, when the 1X networks start, and will see significant growth, taking away from the TDMA/GSM/GPRS crowds as word gets around about the superior performance of 1X to the others.
5. If PCS bankrupt, what kind of effect it has on QCOM?
If no large carrier picked up the pieces, could drop the price 10 to 15 points in a short period.



To: Steve168 who wrote (19186)2/18/2002 6:48:17 AM
From: SKIP PAUL  Read Replies (1) | Respond to of 196412
 
Your Debt Equity number for PCS is incorrect and grossly overstated. You are probably confusing consolidated Sprint Group numbers with PCS. According to Sprint Groups latest 10Q PCS’s interest expense for the Quarter was only $79 million vs revenue of $2.6 billion. Moreover PCS is operationally cash flow positive.