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

To: limtex who wrote (113663)2/19/2002 3:16:55 PM
From: Keith Feral  Respond to of 152472
 
PCS has to come up with $2 billion in cash or hand over the reigns to VZ. Everyday that passes without the cash flow to fund current operations, the more embarassing the situation becomes. I can't believe they waited this long. 6 monthgs ago they could have done a secondary @ $20. That would have diluted shares by only 100 million. Now it would dilture the shares by $285 million. If Sprint wanted to be bought, they have certainly provided a compelling valuation.


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