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

To: slacker711 who wrote (81086)	10/16/2008 8:02:18 AM
From: DWB	Read Replies (1) \| Respond to of 197309

So $2.3 billion greenbacks... not too shabby.

To: slacker711 who wrote (81086)	10/16/2008 9:41:38 AM
From: David E. Taylor	6 Recommendations Respond to of 197309

1.7 billion euros = $2.3 billion US. Well, that's one thing I was right about....after a lot of work I had this estimated as a minimum of $1.07 to $1.28 billion, and likely much more than that. Guesstimating a bit, my base case model used $2 billion to be amortized over the next 15 years after deducting the amount allocated in the upcoming Q4. High end of the range QCOM said they would book in Q4 was $0.13 EPS, which equates to $315 million off that $2.3 billion, leaving $2 billion to be amortized. Chalk up one for my model. It'll be interesting to see what CSA and the other analysts do with this. They had the upfront down around $430 million.....<g> Now to see if the rest of my revenue/earnings model predictions pan out as well as this first piece. David