Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.28

-1.7%

3:59 PM EST

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To: Ruffian who wrote (68417)	3/3/2000 12:26:00 PM
From: jmanvegas	Read Replies (3) of 152472

Ruffian: Your prediction that Q will triple this year brings its market cap to about $270B by 12/30. And you suggest a doubling or tripling each year for the next several years. Are you suggesting that Q will be over a trillion dollar market cap in several years. I hope you are correct, but this is far-fetched IMO, especially the trillion dollar market cap happening that soon in your outlook. Q is going to require the patience of Job for the next several months, which I have referred to as DEAD MONEY well over one month ago. My DEAD MONEY call got all kinds of gander up from other threadsters, but those who are in the 100% club are absolutely losing money this year and losing tremendous opportunities with other tech/biotech stocks. That being said, I'm still long and strong, but thank goodness my portfolio has expanded to include about 15 other positions that have done extremely well to overcome Q's weakness - a definite lesson in being diversified. Q's time will come in the 2nd half of this year and its glory years will be from 2001-2004, but a trillion dollar market cap is very questionable. Good luck all. Going back to major lurking mode. jmanvegas

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