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

To: David E. Taylor who wrote (81124)	10/16/2008 12:13:33 PM
From: q1000	1 Recommendation Read Replies (1) \| Respond to of 197253

Won't QCOM accrue the lump sum payment and show it as a receivable on the 9/30 balance sheet? It also should accrue the income allocable to the prior periods although I do not know whether it would all be accrued in the 9/30 period or whether they would restate prior periods. I also wonder whether they might have an exchange loss to report for 9/30 if they did not hedge all of the Euros receivable. I am a long time shareholder and lurker on this board but a retired tax attorney, not an accountant.