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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: Caxton Rhodes who wrote (2084)10/7/1999 4:11:00 AM
From: RoseCampion  Read Replies (1) of 13582
 
Just a note, this morning we are 1/15 the size of MSFT. What will the future bring?

Nice, Caxton. A different perspective: at the beginning of the year, as an ~$4B company, the market valued Q somewhere between where Dun and Bradstreet (DNB) and Office Depot (ODP) are now, and about half the value of Circuit City (CC) or Goodyear (GT).

Today, at $32B, we're valued well above heavyweights like Merrill Lynch (ML), Xerox (XRX), and United Technologies (UT). We're about on par with the market cap of the Gap (GPS) or Anheuser-Busch (BUD - no kidding).
And most interestingly, we're still below Compaq (CPQ, $38B even after this year's crash). (If you had to hold onto them for at least a year, which would you rather have right now - $38,000 worth of Compaq shares or $32,000 worth of QCOM shares? Thought so.) And we're not even halfway to the market cap of Sun (SUNW, $76B) - don't they just make boxes? <g>

Anyways, food for thought. We've got a long way to go before this horse is tuckered out.

-Rose-
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