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

To: waverider who wrote (117943)	5/2/2002 1:16:17 PM
From: Dennis O'Bell	Respond to of 152472

DO not, I repeat, DO NOT allow tax consequence influence your decision to buy or sell a stock. This is worth saying out loud, believe me.

To: waverider who wrote (117943)	5/2/2002 2:49:30 PM
From: Paul V.	Read Replies (1) \| Respond to of 152472

Waverider, threaders, accountants, and CPA's, What is considered as Cash or its equivalant? I just received information that even if a corporation has $21.5Billion that it is defined as cash or its equivalant if it able to be converted to cash within 60 days. Is this correct? I was also told that if a company buys back its stock with cash for "x $" amount per share and the stock drops in price that this can tremendously drop the cash flow ratio within 60 days. Additionally, what impact does purchasing treasury stock with cash have on the cash flow ration, etc.? I can see very quickly how a company with $2.5 B or even CSCO with $21+B and no debt could soon get into Cash problems, especially if they have some debt. Any responses from those knowledgeable on the subject? Paul V

To: waverider who wrote (117943)	5/2/2002 4:03:05 PM
From: Johnnie Memmonic	Read Replies (1) \| Respond to of 152472

"DO not, I repeat, DO NOT allow tax consequence influence your decision to buy or sell a stock" - Yeah, I know..I sold most of my position since the 80's but I found selling the remaining at this level is actually harder than I thought. QCOM has been exceedingly good to me. This is the only one stock that I allowed my emotion to rule over my head...Somewhere deep inside me kept telling me that now is NOT the time to sell QCOM even though I find it is hard to justify it. Ugh, may be I'll just hang on to it just for the hell of it.