Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: qveauriche who wrote (125668)	11/25/2002 10:03:15 PM
From: Stock Farmer	Read Replies (1) of 152472

qveau - an interesting perspective. Here I sat a year ago patiently explaining that the stock price has several decades of exceptional business growth factored into it. Then we went through an extended period of blah, and are now possibly doing some catch up. If you are investing for a long-term story, then you should be taking a look at the long term story. Which hasn't changed at all in the last two years, has it? Furthermore, as I just posted to Eric, while there's a lot of cheering about the increased growth of CDMA worldwide, seems that CDMA subscriber numbers actually don't mean very much from a revenue perspective. And if subscribers don't translate to revenue, they'll be even harder to translate into profits. Food for thought. John

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