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


To: Stock Farmer who wrote (113969)2/21/2002 10:30:54 PM
From: EepOpp  Read Replies (2) | Respond to of 152472
 
in case anyone cares, you can kinda see the gap if you to left of the chart and to about where the letter "r" of Apr 99 and then look up to the chart and you'll see it there.

personally, the most traumatic thing about this chart is just seeing the range that the stock has traded over the past few years.

askresearch.com

if the chart doesn't come up, just to the www.askresearch.com site and key-in QCOM, 36 months for the time period and select the biggest chart possible for viewing.



To: Stock Farmer who wrote (113969)2/21/2002 10:56:33 PM
From: Spytrdr  Respond to of 152472
 
brilliant, as always



To: Stock Farmer who wrote (113969)2/22/2002 12:29:05 AM
From: H. Bradley Toland, Jr.  Read Replies (1) | Respond to of 152472
 
John I don't follow all of your comment. First, per the 12/31/01 10Q, by my definition, free cash flow is $287 million for the quarter. Per the company press release they provide a number of $295 million as "net cash inflow". Both numbers result in $1.40 plus using 810 million shares o/s, a little less than $ 1.50 but I was just using rough numbers ($1.2 billion annualized over 800 million shares).

Second, I don't connect the use of technical talk like "fill the gap" with how one might evaluate the business.

Third, your assertion that the company is "barely profitable" also doesn't make sense to me. We both are using annualized free cash flow numbers of about $1 billion (or more in my case). There is no "funny stuff" associated with the sale of chipsets and royalty revenues. The investment activities such as LEAP, Pegaso, etc. make very good business sense for the growth of CDMA and a quick read of retained earninngs is not a good gauge of the health of the core businesses.

Big MO indeed is very cheap and has been for quite some time but most would agree it is a special case with our tort system firing at will.