Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 161.39

-1.9%

3:59 PM EST

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To: Jon Koplik who wrote (68258)	3/2/2000 12:22:00 PM
From: KyrosL	Read Replies (1) of 152472

Actually the total shares are closer to 570 million. At the current price of $114, Palm's valuation is $65 billion, or about 3/4 of Qualcomm's valuation. And its revenues are about 13% of 3Com's revenues. Remember Mehrdad Arya coming on this thread to tout 3Com a while back? I guess he was right! Of course, I do think that this valuation is beyond mania. It is certifiably insane. But I can say the same for a bunch of other companies. I have a feeling that this mania is not going to have a happy ending for the economy and even for the country. Kyros

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