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Technology Stocks : The New Qualcomm - a S&P500 company
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: DWB who wrote (2975)11/5/1999 12:49:00 AM
From: DWB  Read Replies (5) of 13582
 
As a personal recommendation... make sure you listen to the Jacobs and Grannis interview on Radio Wall Street. I'm stunned at how good it was. A couple of things that stick out ...

Irwin thinks the 1 billion cellular users by 2003 is conservative.

Irwin thinks we have at least 10 years of "excitement" left

Grannis and Irwin both mentioned that they are considering using the available free cash to buy other companies that fit their agenda.

After listening to that interview.. I'm going to make a prediction (for what it's worth) that not including future splits, today's shares will be worth $10,000 a piece by 2005 (and still have at least 4 years of IJ's excitement left...). As the interviewer states a couple times... if you're looking for the next Qualcomm, you've found it.. it's Qualcomm. Forget the $260 price, cause give or take a momentary dip the stock will never be this cheap again.

Here's a link to the page with the interview (half way down), it's 27 minutes long...

radiowallstreet.com

DWB
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