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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: w molloy who wrote (6106)	2/2/2000 7:34:00 PM
From: pheilman_	Read Replies (2) of 13582

Suspect growth numbers. Note the careful choice of the numbers in this excerpt. The cited report gives numbers from 1996 through 2004. So, there are some actual numbers and some projections. Now let's look at the projected growths. ................ ..... . . ...........Actual. . . . . . . . . . Projected. GSM year over year.. ..75%. 65% . 35%-->20% 7% CDMA year over year 150% 74% 104%-->29% 38% CDMA growth suddenly falls below GSM. The actual numbers show a clear saturation in GSM sales and an acceleration in CDMA sales so why project the opposite? Plot the sales on a logarithmic scale, makes the poor curve fit obvious. Eric's careful editing of the table made this bizarre projection a lot harder to spot. Must have just gotten tired of typing in the figures. Oh, yeah that was from the NOK thread, hmmmm. For Q holders, this is great news, expensive reports are still being sold that are generated by GSM shills. And analysts are thinking they are doing due diligence when they read them and make projections.

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