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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 166.81-4.1%3:59 PM EST
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To: marginmike who wrote (1429)9/12/1999 12:51:00 PM
From: SKIP PAUL  Read Replies (1) of 13582
 
For 12 billion id sell it. Thats almost 35% of Q's market cap that provides only
15% of earnings.They could make $600 million in tresury's a year thats more then
they will make this year after rightoffs.

That goes to show why QCOM is still undervalued. $600 million is peanuts compared to what the division could be making in 3 or 4 years at a CAGR of 50% and 10% profit margin.
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