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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.08+1.8%Nov 28 12:59 PM EST
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To: Craig Schilling who started this subject12/6/2002 2:25:59 PM
From: H. Bradley Toland, Jr.  Read Replies (1) of 152472
 
John, another interesting question related to valuation is the "crazies" factor. At least, that's what we call them here. We know at some point in time the Q is going ahve huge increases in royalties and or growth rates and simultaneously everyone is going to "get it".

Just how much will the crazies over pay for the stock? We don't have a number in mind but we're certain that it will occur--probably within next three years.

regards,

bt
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