Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Jim Willie CB who wrote (35455)	7/17/1999 8:52:00 AM
From: JohnG	Read Replies (1) of 152472

Jim Willie--The numbers cited are minimums as stated. Accelerations are very possible. See No. 35262 and 35244 for earnings scenerios. BTW, the 5.1382MM number in 35262 is in error and should be 6.988MM per Strategis Group---but the conclusion doesn't change. If investors see earnings accelerating and Co's dominant strength being compounded by successful fast product cycles P/E's could become amazingly high. Reversals are possible. Remember, mother nature (not to mention NOK et al) dislikes outliers and tends to cause a regressiom to the mean. I am looking for $200 by Dec. 1999, but concede that, if Q is successful and the mkt begins to value Q like some other high tech co's, $350 is possible. This strong upside potential manes Q a great investment. JohnG---tough nite last nite but "a wee bit of the dog that bit me will solve the problem."

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