I'm serious about it. Sure QCOM will move forward as company and stock, it's just that the RUN, this incredible run we have had, will slow, a year of consolidating might happen. One has to ask themselves if they want to hold dead money. You mentioned CSCO rose 125,000% QCOM could double and it would have a market cap of CSCO. DO you really believe QCOM should have a market cap of CSCO? I find it hard to believe that QCOM deserves that next year. That's why I picked 150 bil as a market cap for QCOM. Of course, what I might be missing is that the CSCO market cap will increase so since we don't care about PE, and the term PE expansion is not heard anymore, a better term might be Market Cap expansion. Take a look at the old nets the so called I-Nuts, AMZN, E-BAY, valuations has enter the picture for them, this will happen to QCOM. Can QCOM support it's valuation with earnings or with news? That question is what I'm wondering about. The split run will only last till the earnings run, ether we get news or QCOM blow away earnings, or the run ends.
Greg |
