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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.03+1.0%Nov 24 3:59 PM EST

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To: Skeeter Bug who wrote (66277)2/8/2000 2:32:00 PM
From: J.B.C.  Read Replies (1) of 152472
 
I made no mistake, it's called present and future value calculations, In 20 minutes I can train a seventh grader to do them. Go back and reread the scenario, you can't keep it straight. If you can't do this simple bond problem how can you come to this thread and tout a valuation analysis on a technology stock?

PS. -- The answer to your question about the 11% is that it "looks" like you get an 11 %, trouble is; in a compounding instrument the gain has to stay with the instrument in order to get to the future value, you don't get to take it and use it somewhere else. You also have an investment that "looks" like it earns less than 8.5 % for about the final 15 year all the way down to 6.5 in the final year, not good in a 8.5 % world.

Jim
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