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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST
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To: Stock Farmer who wrote (125903)12/6/2002 1:25:14 PM
From: H. Bradley Toland, Jr.  Read Replies (1) of 152472
 
John, do you really think a company throwing off 6 or 7 billion in free cash flow a year will trade at a market cap of 80 billion? Particularly when they will likely have 10 to 15 billion sitting in cash?

Guess that's what makes a market, I think they'll trade at about twice your price--and not in 2023, in 2007 when those numbers are likely to be realized.

best regards,

bt
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