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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.20-3.3%3:59 PM EST
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To: George Gotch who wrote (27473)4/19/1999 5:28:00 PM
From: Another John  Read Replies (2) of 152472
 
George,

I would like to propose a little game.

Give me your best guess as to Qualcomm's valuation in 5 years time.

As a Finance Graduate you must be familiar with the efficient market theory.

Mr. Buffett has stated that as long as such theory is taught and believed, he will make money.

My guess as to Qualcomm's valuation in 5 years time....many times its current price...but then I dont believe in efficient markets.

Kind regards,

John

P.S. Talk to a telecom engineer to understand CDMA and it's efficiency.
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