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: H. Bradley Toland, Jr. who wrote (125862)	12/6/2002 8:12:33 PM
From: hueyone	Respond to of 152472

Lastly, Qualcomm's earnings have gone up about 10 fold in the last 5 or 6 years. I'm not too interested in gaap earnings or earnings per share. I thought it was appropriate to comment on earnings per share since you had mentioned that earnings had gone up ten fold. Cash from ops and free cash flow from around 1996 to 2000 did go up ten fold and so did the stock price! Both cash flow from operations and free cash flow were negative numbers for fiscal '96, '97 and '98, so your statement about either of them going up ten fold is incorrect. No matter how many times you multiply a negative number you can't get a positive number. Free cash flow was negative for fiscal '95 and '94 as well. Best, Huey