<Do you think Q's gonna hit $10.00 a share EPS in 2010? >
Verve, yes. At $1 a share this year, with 30% growth that would be $10.60 in 2010. At 40% growth, that would be $21.
There are 5 billion people wanting CDMA services. QUALCOMM has got ASICs, royalties, then all the add ons:
Eudora, BREW, OmniTRACS, NextWave, WirelessKnowledge, Windblast, Condor, Digital Cinema,
inViso, handspring, AirFiber, PayPal, PacketVideo, Graviton and others:
qualcomm.com
Then, Globalstar will come blasting across the sky and people will be amazed at what results from that. Globalstar has NOT been seen the last of. It should be extremely profitable for the new asset owners [probably largely QUALCOMM] if they don't do the same old style of marketing it, which they probably will :-[
Maybe they'll make $40 a year income. Seems reasonable for all that stuff, most of which should be successful.
$40 x P:E of 20 = $800 per share.
But that's what I thought for Globalstar...
Mq |
