ALL: Re QCOM--
In case anyone is even thinking of selling your
Gorilla-holder shares in Qualcomm, we should keep in mind
why we bought the stock--because it is taking its place
alongside the other enablers of the new paradigm. Where
Cisco is enabling the IP "cloud", and Microsoft enabled the
desktop, Qualcomm is central to the development of mobile
wireless--and promises to be the central factor in providing
"last mile" connectivity to the communications network.
And then, compare their valuations:
Sales Earnings Market Cap Shrs O/S
----- -------- ---------- --------
CSCO $12,154 $1,947 278.6 BN 3,300
MSFT 20,938 7,740 460.2 5,160
INTC 28,761 6,981 255.8 3,340
IBM 88,497 7,596 170.6 1,800
QCOM 3,937 178 58.3 160
If you believe, as I do, in the Qualcomm story--and you
must, as a Gorilla investor!--then the Q remains
undervalued. It is taking its place next to Cisco and
Microsoft and Intel and IBM as a key player in the techology
sphere, and will garner Sales and Earnings comparable to
theirs.
There is substantial upside potential on QCOM!
Best,
JS |
