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


To: The Prophet who wrote (22150)1/29/1999 12:22:00 AM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Re : Later the [Ericsson] CFO said that $10 billion had been set aside for acquisitions ...

That sounds like a lot of money, even for a very large company like Ericsson.

Maybe it was 10 billion Swedish Scrota (or whatever their currency is).

Jon.



To: The Prophet who wrote (22150)1/29/1999 2:24:00 AM
From: Robert Sheldon  Read Replies (2) | Respond to of 152472
 
If he truly said US $10BB that's one thing. However, seeing that a US Dollar can buy about SEK 7.704, SEK 10BB only works out to just south of US $1.3BB. Hardly enough to purchase the mighty Q (market cap ~4.6BB).



To: The Prophet who wrote (22150)1/29/1999 3:10:00 AM
From: EepOpp  Read Replies (2) | Respond to of 152472
 
even assuming ERICY does decide to buy QCOM, what would they do afterwards? finally adopt CDMA or trash it and go with only GSM? if it's the latter, would QCOM's head honchos allow the buyout to happen?