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


To: Michael Allard who wrote (22364)2/2/1999 9:09:00 PM
From: Bon Scott  Respond to of 152472
 
Any increase in then after hours trading price of QCOM because of the announcement in workforce reduction?



To: Michael Allard who wrote (22364)2/2/1999 9:31:00 PM
From: SKIP PAUL  Read Replies (1) | Respond to of 152472
 
It sounds like they have reduced their breakeven in infrastructure from $800,000 to between $600,000 and $700,000. That implies annual savings of approximately 35 cents a share after taxes.