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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Sawtooth who wrote (9170)	3/12/1998 9:21:00 AM
From: brian h	Read Replies (1) \| Respond to of 152472

Tim and all, From QCOM "QUALCOMM Announces $400 Million Syndicated Bank Credit Facility SAN DIEGO, March 12 /PRNewswire/ -- QUALCOMM Incorporated (Nasdaq: QCOM - news) today announced the successful syndication of a $400 million bank credit facility. The facility broadens the Company's investor base and provides letters of credit and funds for general corporate purposes. The three-year, senior unsecured revolving credit facility was led by Bank of America N.T. & S.A. and Citibank, N.A. The facility is supported by a number of major domestic and international bank partners. As a sign of strong support for QUALCOMM's continued growth, the facility was oversubscribed." Well! I am depressed again. This company can not make any money and continue to borrow money. A Korean style? Or an American style? This really help turn off my enthusiasms. (gg). May be I will continue to hype other company on this thread! Brian H.