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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%3:59 PM EST

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To: MileHigh who wrote (45864)10/23/1999 6:46:00 AM
From: Sommers  Read Replies (1) of 152472
 
<<...if Q earns $5.00 in '01, we would be @ 430 right now.....hum...!?>>

Just wait until the International Telecommunication Union begins to distribute higher frequencies in the next few years. These frequencies will allow wireless users to transmit data at lightning speeds. 3G (Third Generation digital networks) will blow the analysts away. The best part is that 3G is not just being driven by the wireless carriers. The wireless and computer industries are collaborating like never before. Microsoft, Lucent, and others including even AOL and Yahoo want 3G to succeed. And the sooner, the better.

Motorola estimates that by 2005 the number of wireless devices with Internet access will exceed the number of wired ones. Dataquest, a consultancy, predicts that the number of wireless data users in the United States will increase from 3m today to 36m in 2003. The estimates for Asia and Europe are even higher.

Now what will that do to Q's earnings?

--Sommers
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