Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.13

+1.1%

Nov 26 3:59 PM EST

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To: Skeeter Bug who wrote (66391)	2/10/2000 12:42:00 AM
From: Jon Koplik	Read Replies (1) of 152472

Skeeter - I guess I will allow myself to be dragged into this again. Instead of your assumed 6.50% on T-bills ... how about my best guess (I am serious) of about 3.00% on T-bills starting within a year or two ? Then, lop off 39.6% (for taxes) of the T-bill interest (if one is wealthy enough to really care about the implications of all of this). All of a sudden you are down to something approaching 1.5% after tax compounding of your money. Qualcomm (share price increases, if any) compound tax-free until you sell. This is sort of the underlying main "guts" of the argument of those wild and crazy guys who say the DJII should be at 36,000 today. (Eventually, the compounding of good results for a (truly) growing business does catch up with the returns offered by fixed income instruments). (See posts numbers 24486 and 24487 on this thread to read more from those guys). Jon.

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