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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 152.66+0.7%Feb 2 3:59 PM EST

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To: SpudFarmer who wrote (41685)9/17/1999 4:25:00 PM
From: 16yearcycle  Read Replies (1) of 152472
 
Handcuffs would be a wise investment. Think of it this way: if we have 60% compounding e growth for 3 years, the q announced at the end of October 2002 will be about 3.90. This would be a 15.60 annual rate. If we are all blessed with something close to this, I would think we will also see some serious pe expansion due to the non-phone portable market expansion. 15.60x 80 is 1248. Sick isn't it?

I person with 10,000 shares would make 10 million in the next 3 years.

(Flame shield and seatbelt on)

I applied these types of projections on a daily basis for msft and csco. I look back at my calculations and I underestimated e growth and pe expansion TREMENDOUSLY.

This is a very scary company if they can advance the technology, and get it into numerous devices.
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