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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: waverider who wrote (80106)9/12/2000 10:11:14 PM
From: Maurice Winn  Read Replies (3) of 152472
 
<font color=crimson>Why so negative Rick? Q! only $200?

In 1999, Q! went from $6 [split-adjusted] to $60 [now]. That's only 10x which is okay but nothing to get excited about in the context of The New Paradigm.

With a current market cap of only $45 billion, Q! is undervalued by a factor of 10x right now. That's being very, very conservative. I don't want people to think I have wild expectations or I'd point out that Q! is actually worth 20 x $45 billion right now on a very conservative valuation.

Since people often fully-price things when they recognize the value of something and they have to bid to buy, the true, fully-valued market capitalisation of $1.44 trillion which is 30 x the current share price is quite likely to be met sometime sooner rather than later.

I'm puzzled by the moody negativity and low expectations of people who used to think Q! was okay as a company.

If China and Nokia and AT&T come on line and the WWeb stumbles to the starting line as expected, we should see Q! as the first $2 trillion company before the end of the decade [it is possible that it might take that long for Q! value to be fully recognized].

That's only $2000 billion [only $400 per person]. It could well be $5 trillion by 2010 if It really takes off.

Mqurice

Eudora
NetZero
Globalstar
WirelessKnowledge
724 Solutions [some partnership there]
OmniTRACS/eQ-COM
Wingcast
Cinecomm
Technicolor Digital Cinema
Phone.com
Launchpad [SnapTrack/gpsOne/PureVoice/Storage etc]
ASIC sales [spun off but we own it]
Encryption
Condor
HDR

I forget the rest...
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