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


To: Sawtooth who wrote (25113)3/25/1999 9:22:00 PM
From: Clarksterh  Read Replies (3) | Respond to of 152472
 
(Per your prior comment, "no cash"; didn't Qcom get some cash for the infra?)

It wasn't very clear, but when asked Dr. J said that any cash that they got would be used for vendor financing. Given that vendor financing is normally an infrastructure item it sounded like they were just paying down the debts associated with the infra division vendor financing, but in any case it was not a large amount of excess cash.

Clark