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


To: kech who wrote (19496)2/24/2002 3:45:12 PM
From: Dexter Lives On  Read Replies (2) | Respond to of 196546
 
My point was that what he stated represents denial of reality. They won't have any funds for investment; neither from cash flow nor from the capital markets. So capex will be 0, not $3.4B. If they draw on their last resort credit line to build out a worthless network with no proven profit generation power, their stock will be destroyed.

Time will tell but I wouldn't wait to find out; but hey that's just me and my money ;^>.

Rob