Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: alburk who wrote (123729)	9/3/2002 1:44:44 AM
From: Elroy	of 152472

I have a hard time envisioning earnings and cashflow that support 60. What do you see out there that I am missing? The fact that QCOM is a monopoly with limted competition, and that monopolies (MSFT, CSCO, INTC) that have their big growth spurts still ahead of them (CDMA going to 100% of worldwide market over the next 3-8 years) general get premium multiples compared to their fundamentals. Elroy

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