Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 148.83

+1.1%

Feb 4 3:59 PM EST

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To: marginmike who wrote (110264)	1/6/2002 11:57:53 PM
From: limtex	Read Replies (3) of 152472

mm - if eps comes in 20c +/- imho we areheaded for the $30s. JNPR warned but it has a market cap of less than $10bn. Q is sitting at $40bn. Say it again slowly foooorty biiiiillion $ and the stock is sending nasty signals. There had to have been a good reason why the stock collapsed over 20% in a few days a couple of weeks ago. Friday the selling built up in the face of a huge market rally. I must say that I used to like Sulpizio and Viterbi. They are gone and there is now an accountant as COO. Meantime the numbers just seem to be sort of evaporating and so is the dream. Sure geat technology but somehow it just doesn´t seem able to trasnlate this great tech into top and bottom line numbers. I love the technology, always will but the stock is a dream breaker, a portfolio crusher. Maybe when it gets down to the low $20s then earning 20c per qtr per share with a little growth it looks very attractive. Meantime we have this relentless Chinese Water torture with a nasty gut wrenching run up to each qtrs now earnings misery. I guees we should have seen signs when some of the originals started leaving. The worst thing is that this is after China was won as Dr J said it would be and not only that it seems to be turning out to be even bigger than we hoped. Still the stock tanks. Whatever hapened to the tollkeeper to 3G? buy 45-49 and sell 57-62 is a good idea but what happened to the dream? BTW have you seen how the number of posts is drying up or is it just my imagination? Best, L

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