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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 163.38-1.6%1:21 PM EST
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To: puzzlecraft who wrote (50453)11/16/1999 6:55:00 PM
From: jakers12  Read Replies (2) of 152472
 
>"Qcom to end the year 2000 at the same 700 price", this would be 2800 on the current stock.

$700 by 12/31/00, pre-split. $2800/share in 2003.

If you include 70M new subscribers over the next
four quarters & assume the EPS will grow along the
same percentage, you get $700/sh pre-split.

This assumes a 25% growth/quarter & maintaining a
90 PE. It's a fair assumption imho. HDR will
contribute to the bottom line in 2001.

-jakers.
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