Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.05

+0.6%

3:59 PM EST

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To: Ron Woods who wrote (48380)	11/7/1999 8:34:00 PM
From: Skeeter Bug	Read Replies (1) of 152472

ron, you will be way behind. if qcom grows eps at a compounded 30% a year for the next 10 years, i'll still be making $1 billion more than you will. oh, and i'll have another $75-100 million (after taxes assuming a 50% rate) cash on hand as play money that you won't - assuming i don't reinvest it. ;-) there is nothing wrong w/ my analysis. what is wrong is that there is too much cash (provided by a credit bubble) and too much asset greed mixed in with many, many folks playing very hard for the title of greatest fool of all. i do wish you luck. i hope you've been buying for several years. it is hard to go too wrong when you are up 1500% in a year. those buying now are nuts, imho.

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