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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.80-0.7%10:06 AM EST

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To: The Verve who wrote (74188)6/18/2000 11:38:00 AM
From: arun gera  Read Replies (1) of 152472
 
>>What is it about Piecyk's analysis that bothers you so much?

You don't feel comfortable with his 2 assumptions that in 10 years 85% of all cell phones and connected appliances will be CDMA based? Or is 2 billion appliances too aggressive for you?>>

Verve:

It is quite clear that Piecyk just tried to end up with a nice round number of $1000 (or $250 today). My main objection is that it is impossible for anybody to predict what is going to happen in 10 years. I would trust an analysis that targets the projections for the next three years.

Arun
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