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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.67+1.6%3:59 PM EST

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To: Maurice Winn who wrote (103414)8/30/2001 6:03:14 PM
From: limtex  Read Replies (1) of 152472
 
MW - lets be realistsic there are simply not going to be 5bn people who want cdma. About 4bn of them want three squares a day first and then they want clean water.

one bn or one and a half bn will do nicely. And so will growth of $1.5 -$2.00 $2.75 etc for a few years. Forget about $10 per share. Q will be chas rich and have investments as INTC did and mSFT did and it will have better growth than almost any other company of its size.

$100 per sahre by 05 should still be good compare to the rest of the World and the rest of the market.

If we end up with the NAZ at around 1,000 and the Q at around $25 - $30 then that level of growth should be fine.

Forget about yestereday we are in an entirely new world with a Fed that is totally out of touch and an Administration that wants to commit financial harakiri.

MM predicts 9% to 12% unemployment.

Just being left standing after all this is over will be an achievement.

Reduced earning expecations for years ahead.

Best regads,

L
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