Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

Nov 19 3:59 PM EST

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To: Anthony@Pacific who wrote (48335)	11/7/1999 6:23:00 PM
From: Skeeter Bug	Read Replies (1) of 152472

anthony and all, you could buy about $210 mil in earnings from qcom for $45 billion. or, you could buy nearly $3000 million in guaranteed dollars by investing in a t-bill. that $3000 million interest could be reinvested and will earn another $90 million the following year (50% tax bracket at 6% in a t-bill). That means that $3090 million could be made the following year. w/ revs growing at 18%, the world will never last as long as required to make qcom a good business investment at current prices. oh, and this assumes the bull market NEVER ends and the economy NEVER goes into recession. good luck on the greater fool game.

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