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 (119169)	5/22/2002 1:59:03 PM
From: David E. Taylor	Read Replies (1) \| Respond to of 152472

Mucho: I figured "retained earnings" is what you were focused on, but that's a measure of the return on the overall business activity, and not the return on $$ invested in R&D. They have invested $2 billion and change over the years in R&D, and have generated around eight times that amount in revenues from products developed and sold. As I said, not bad IMO, and doesn't count the payoff yet to be realized from R&D $$ already expended. What they managed to accomplish with the other $14 billion or so is another question entirely. But I would argue that without the R&D that generated the $16 billion plus in revenues, the current status would be a Ch 11 company (or one long gone). Instead, we have a company with a solid patent base, a growing CDMA user base, a lock on 3G royalties going forwards (however big or small that market may turn to be), a commanding market share in CDMA chipsets of all flavors, and overall good growth prospects. JMO. David T.