Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 159.42

-1.2%

Jan 16 3:59 PM EST

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To: marginmike who wrote (58878)	1/2/2000 9:24:00 PM
From: Nichols	Read Replies (3) of 152472

I have no doubt in my mind that QCOM, the COMPANY, is the gateway to wireless(to steal a quote from a threadmate). And wireless will be HUGE! QCOM's future will simply be tremendous. This question concerns the price of the STOCK. If the price doubles twice, in the next 2 years, QCOM will have a market cap at/very close MSFT/CSCO. Even if you account for their growth, does QCOM belong in that league, so soon??? Is QCOM justified to have that type of market cap? Reason for this question: I'm quite optimistic that the QCOM story is quite early and that we should see doubles for the next several years. The market cap thing is giving me doubts. Anybody, any thoughts?

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