Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Wyätt Gwyön who wrote (113662)	2/19/2002 3:10:35 PM
From: slacker711	Read Replies (2) \| Respond to of 152472

that's lucky for them. they have 17BILLION in debt! it is pretty strange to only talk about a company's EBITDA when they have 17BILLION IN DEBT. don't mind that elephant in the corner! pay attention to this EBITDA mouse instead! I think it is an implicit part of the conversation. Noone is talking about PCS actually being cash-flow positive this year....they clearly need at least $1.4 Billion in new funding. Neither the $1.4 Billion in new funding requirements or the $17 Billion in debt is going to stop them from launching 1x over the summer. They have $200 million in capex left to spend for the launch....vs a total capex budget of $3.4 Billion. If a real credit crunch occurs for Sprint, they will end up cutting that capex budget. Since the 1x upgrade will nearly double their capacity, it wont hurt nearly as much this year as it would have in previous years. Slacker