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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 182.19+3.5%3:59 PM EST

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To: Art Bechhoefer who wrote (26723)4/11/1999 1:09:00 PM
From: MileHigh  Read Replies (2) of 152472
 
For very high growth companies, somewhat higher P/S ratios are expected. In your list, QCOM certainly looks like the most reasonably priced.

Exactly, the key now is the company must deliver on all the promise it seems to hold. Again, I am not saying they won't, just being realistic in my goals. I am here because I see exponential growth in a high margin royalty based business model.

I would like to see 2 things happen:

1-50% rev growth Y-o-Y
2-Margins tick up to 8% by 3/99 with a noticeable trend to move even higher.

If these 2 things happen, then we are looking at a double in 12 months or so... Just a guess since I am new to QCOM and still learning about the size of the market they are competing in....

Regards,

MileHigh

PS- As you can see, I love crunching the numbers! <gg> But also realize their is more to it than that at this stage of the game, but in the end, the numbers never lie, IMHO.
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