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Non-Tech : SOLID GROWTH COMPANIES - LITTLE OR NO DEBT

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To: SOROS who started this subject5/13/2002 9:18:49 PM
From: marginmike   of 12
 
Qcom, 2.4 billion in bank, no debt, pe going forward of arround 25, growing core business's at 20-30% a year. Have a management team above reproach. Their growth is almost guarenteed by the inevitable adoption of a standard they controll, and a chip segment that they dominate. Still could go lower but the fact is this company will rise from the ashes. The bigest problem with this stock is the continual excursions into areas that blead money. Net zero, Pegaso, GSTRF etc. The fact is they get 3-5% or more on any CDMA device sold. CHINA and Europe and 1/2 of Japan just now converting. Superior tech that makes carriers more effient guarentee adoption. The bears hate it as an old 1999 glory stock, but Qcom will be here when markets come back
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