Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

3:59 PM EST

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To: Stock Farmer who wrote (114050)	2/22/2002 3:30:00 PM
From: arun gera	Read Replies (2) of 152472

>For I am merely the messenger. Not the message. And I am trying to articulate what I think the market sees.> Did the market predict in 1990 that Microsoft in 2000 will be living off their Microsoft Office product? Seriously, no analyst has the vision to think how the next layer of technology (the software application layer) is going to be built on top of the core cell phone services. So all this discounted cash flow numbers are useful only to extrapolate the current model. The profit margins on the software layer are going to be tremendous. I don't know if BREW will become standard or not. But it has made some progress. Arun

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