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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST
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To: 007 who wrote (37149)7/25/1999 12:35:00 PM
From: JGoren  Read Replies (3) of 152472
 
Since the market cap is currently about 25 billion, you are predicting that the stock price increases by a factor of four in a few months. That is wildly unrealistic. The increase over the past five months is very unusual and due to a change in circumstances that led the market to revalue the company, which had been way undervalued. From this point forward, the stock price will be dependent on performance of sales and earnings. There is no way that the market cap will quadruple in the time frame you posit.
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