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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST
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To: freeus who wrote (65864)2/2/2000 5:03:00 PM
From: pheilman_  Read Replies (2) of 152472
 
Commensurate earnings, yeah that's the ticket. Justified by the incredible
long-term expensive commitment to R&D. Sorry about the M word.

And a little bit to protect anyone from adding to the MCOM money bonfire:
From MCOM's financial statements

snip>
Utilinet revenues may also remain flat or decline in the
forseeable future as the Company focuses its efforts on the roll-out of
Ricochet(2).

TOTAL RETURN - SUMMARY
MCOM
--------------------------------------------
12/93 12/94 12/95 12/96 12/97 12/98
----- ----- ----- ----- ----- -----
METRICOM, INC. 100 62 56 62 40 21
NASDAQ STOCK MARKET (U.S.) 100 97 138 169 208 293
RUSSELL 2000 100 99 127 148 181 176
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