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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: Michael Allard who wrote (26411)9/4/2002 7:36:52 PM
From: cfoe  Read Replies (3) of 196568
 
..see the common thread here....growth, growth, growth!


Michael:

I don't disagree with the possibilities you enumerated.

However, one of the keys to QCOM's stock price in the future I propose will be what they do with the FCF generated by this growth.

In the 90s, growing the business and plowing the money back into the business were sufficient to increase a stock's price.

All I am saying is that in the current and future environment, a company's stock price may be as dependent on whether they turn some of that FCF over to their stockholders in the form of dividends.

I "promise" that if QCOM were to announce the intention of beginning to pay dividends now or in the relatively near future, it would boost the stock price immediately.
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