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: JMD who wrote (8472)	2/12/1998 3:14:00 PM
From: Pierre	Read Replies (1) \| Respond to of 152472

Mike, I talked to the lady. She was at Jasmine afterward. I recall question and answer as it applies to financing. Yes, Qualcomm finances a lot of projects. They currently have significantly more requests than they are prepared to finance. They are currently in discussions with B of A, Citibank, MS among others for major line of credit to assist with financing. At same time, they are trying to convince those same banks to begin financing the customers directly - "shift the risk to the banks" I believe was his term. By the way, the lady seemed very knowledgeable and had, I believe, a background in banking. Currently a full time investor. FWIW - Jacob's said infrastructure break even at 500 mm - Lehman says 600 mm. What's a 100 mm between friends. At any rate, makes the Mexico numbers begin to look impressive in terms of early profitability for infrastructure. Mike, while you're over there (MF land) ask her to come over to SI and post directly. My impression was she was going to do that. Plus she's cute. And young. And has a great mind. Pierre