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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote (6429)9/15/1999 11:49:00 PM
From: Lem45216  Read Replies (1) of 54805
 
Uncle Frank,

I have lurked here since March, and I wish to thank you, Bill, Mike, Greg
and the rest for opening my eyes to QCOM and GG investing. I'm also 100%
in QCOM, except for my 401K, where QCOM is not an option.

If one assumes that the 50% earnings growth for 5 years is probable,
then a very conservative estimate of $4 EPS in 2000 and a 30 PE would
yield a share price of $911 in 2005.

2000 4 $120.00
2001 $6.00 $180.00
2002 $9.00 $270.00
2003 $13.50 $405.00
2004 $20.25 $607.50
2005 $30.38 $911.25

5 times the current price. I just can't find anything that I believe has
as high a probability of returning a 5 bagger in 5 years as QCOM.

Since my QCOM is in a taxable account, I plan to hold it for many years.

Larry
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