Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: DownSouth who wrote (44132)	10/11/1999 7:51:00 PM
From: Jim Willie CB	Read Replies (6) of 152472

DSouth, sorry for coming on strong... getting reallllllyyy tired of dismissive comments of a tool that multimillionaires use all the time in the bigleagues dont make assumptions for me... market does not have perfect knowledge... back off... market has yet to accept the notion that Qcom's CDMA will totally prevail, supplant, spread, and dominate the entire wireless world... nor can the market envision completely all the myriad devices that will ride the wireless wave the problem as I see it is that the market seeks a daily equilibrium... it is ultra clear to me that QCOM belong in the 350-420 range per share this instant... I conclude this since next FY2k earnings are likely to be much higher than the $3.70/share currently estimated... the equilibrium experiences a regular and steady dragging influence from sellers who watch their paper profits sit at risk, subject to the vagaries of the marketplace the market is simply uncomfortable with huge increases in valuation... I think it has done remarkably well in allowing the equilibrium to be currently at a level over seven times higher than March's level key word in my quote is "most" ever see a baseball instructor criticized as a quack crackpot, except that his students all hit over 300? ... at least you enjoy the posts... soon you may come to think at least it has some merit getting impatient with naysayers after a wicked string of correct technical calls I am thinking about leaving this thread... too many idiots and doubters / Jim Willie

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