Jeff, re : “other than a "feel good" photo opportunity, what do you expect to be accomplished by opening for the NASDAQ?”
IMO, more recognition by the Wall Street crowd / financial media, and CNBC/BS if they take advantage of the “grand opportunity”.
Again, IMO, QCOM has got to be one of the biggest, if not the biggest, under reported success stories of a U.S. company in modern times.
Very few, IMO, understand / recognize these basic QCOM facts and figures
Perhaps CNBC's viewers would appreciate hearing some of these, especially those in bold.
>>>>
1. QUALCOMM’S UNIQUENESS AS A MAJOR COMPANY, THE WORLDS 55TH LARGEST PUBLIC COMPANY BY MARKET VALUE WITH EXCEPTIONAL GROWTH OPPORTUNITIES
2. QUALCOMM BEING ON FORTUNE’S LIST OF THE 100 BEST COMPANIES TO WORK FOR,
FOR THE PAST SEVERAL YEARS
3. QUALCOMM’S UNIQUENESS AS A GROWTH COMPANY PAYING DIVIDENDS, AND RAISING SUCH FIVE TIMES IN THE PAST THREE YEARS
+ BUSINESS WEEK’S 2006 LIST OF TOP 50 GROWTH COMPANIES ( QCOM # 8)
4. QUALCOMM’S UNPARALLED FINANCIAL STRENGTH
+ FINANCIAL RATIOS AMONG THE STRONGEST IN THE INDUSTRY / S&P 500
+ WITH INDUSTRY PROFITABILITY RATIOS RANKING VIRTUALLY IN THE TOP 10% IN ALL CASES, AND IN THE TOP 3% IN MANY (SCHWAB /REUTERS PROVESTOR REPORT)
QCOM S&P500 IND RANK (100 BEST)
PAST FIVE YEARS
+ GROSS MARGIN 68.1% 45.1% 94
+ OPERATING MARGIN 34.8 18.4 100
+ PRETAX MARGIN 34.3 16.8 99
+ NET MARGIN 24.1 11.4 99
+ RETURN ON ASSETS 11.8 6.2 97
+ RETURN ON INVEST 13.0 9.7 96
PAST 12 MONTHS
+ NET INC PER EMPL $241,936 $106,855 97
+ NET MARGIN 37.4% 14.8 99
IND COMPARISON
CSCO 21.5
NOK 10.8
INTC 22.3
TXN 17.4
BRCM 15.4%.
.
+ STRONG BALANCE SHEET WITH OVER $9 BILLION IN CASH/ MARKETABLE SECURITIES
+ CASH FLOW FROM OPERATIONS CONTINUES TO GROW- FY03 $1.7B, ’04 $2.5B, ’05 $2.7B
5. QUALCOMM IS ONE OF THE WORLD’S PREMIER GROWTH COMPANIES- PAST, PRESENT, & FUTURE
+ STOCK PRICE GROWTH HAS COMPOUNDED AT AN AVERAGE ANNUAL RATE OF OVER 35% SINCE ITS IPO IN 1991, WITH THE STOCK SPLITTING 32 TO 1 OVER THAT PERIOD
+ AMAZINGLY, AS R&D EXPENSES HAVE COMPOUNDED AT ABOUT 30% OVER THE PAST 5 YEARS, EPS HAS STILL BEEN ABLE TO COMPOUND AT OVER 26% FOR THE SAME PERIOD
........+ ONGOING R&D HAS / WILL ENABLE NEW BUSINESS OPPORTUNITIES – BREW, iMOD Displays,MediaFLOW, HOMELAND SECUIRTY, QCHAT, LBS/gpsONE (PEOPLE FINDER ), MEDICAL MONITORING
+ QUALCOMM IS NOW BEGINNING A NEW MAJOR GROWTH OPPORTUNITY, PERHAPS ITS BIGGEST-
+ ENTERING THE GSM MARKET FOR THE FIRST TIME AS OVER 1.7 BILLION 2GSM SUBSCRIBERS UPGRADE TO 3GSM (WCDMA)
+ VIRTUALLY ALL THE MOBILE WIRELESS SUBSCRIBER GROWTH WITHIN THE NEXT 5 YEARS IS WITHIN CDMA AND 3GSM (WCDMA), NOW ALL ADDRESSABLE QUALCOMM MARKETS
+ CDMA & 3GSM (WCDMA) HANDSET SALES ARE FORECAST TO REPLACE 2GSM AS THE DOMINANT TECHNOLOGIES IN 2008, WITH THE COMPOUND ANNUAL GROWTH RATE (CAGR) ESTIMATED AT OVER 30% FOR THE NEXT 5 YEARS |
