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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: Sawtooth who wrote (10859)5/25/1998 4:50:00 PM
From: Maurice Winn  Read Replies (1) of 152472
 
Tim, I got the figures from the Yahoo graphs which include split adjustments. My figures were correct and split adjusted for the Qualcomm and Ericsson splits. The point is, the trends are much the same for Ericsson and Qualcomm. You can pick one year, two year, three year or 8 year periods for either to see spectacular investment returns. In 14 months, Qualcomm has gone from $42 to $56 which is not a bad return = about 30%. Even without dividends. You can pick periods for both when returns were great or bad. But the long run is what counts and the future. The long run at the moment sees Ericsson somewhat ahead on the strength of GSM [and their wide other interests]. But not much by a huge amount.

I've always been interested in seeing what Qualcomm and CDMA can achieve in their maturity. It is still just beginning. I'm patient. I'll come back to your posts again soon Tero!

Mqurice
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