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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%3:59 PM EST

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To: marginmike who wrote (99549)5/20/2001 12:24:51 PM
From: Uncle Frank  Read Replies (3) of 152472
 
>> UF you been saying that since 178.

That's a fact, Mike, and my enthusiasm for Q remains undiminished. I believe it to be similar to Cisco, Microsoft, and Intel, in that it will create uncredible wealth for its shareholders over a 5 to 10 year period. Rather than measuring its value as an investment from an inflated peak in early y2k, I choose to look at it from the point at which I bought it. I've only owned qcom for 2 years and 2 months, but it has already yielded a return of 274% from my initial investment of 17.5. In addition it has provided me retirement revenue of over $13 per share so far this year from covered calls.

>> I dont believe Qcom will see 100 for 2-3 years.

While you're far better at making predictions than I am, I think you'll be disproven in the near term. How about we put a $100 wager on the Q printing 100 this year? Note that if Spinco is spun off this year, the criteria would be the sum of Spinco and Qcom's price hitting 100.

uf
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