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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Big Idea who wrote (32074)6/10/1999 4:40:00 AM
From: LindyBill  Respond to of 152472
 
Suggest you read Gilder. Reading this back thread will take forever. If you want this stock, buy it. If you don't, forget it. I don't know anyone who can time these things. If he could, he would not bother to post here; he would be a retired Billionaire.



To: Big Idea who wrote (32074)6/11/1999 8:47:00 PM
From: Rick  Read Replies (1) | Respond to of 152472
 
Hi:
As far as I can tell it's all guesswork (the situation being much to fluid due to the politics involved for exactitude). After all, who knows how China, Brazil, or Europe will turn out as markets? But at least all the guesses seem to be in the same direction.

For example, even the least optimistic estimate is very good.

Fiscal Year.....Est. Price......% Change
9/1999..........$131.12..........20.57%
9/2000..........$175.28..........61.18%

(A 20% increase in 3 months is nothing to sneeze at.)

And Salomon Smith Barney concluded that QCOM was "still best play in digital wireless, especially in CDMA that is now the fastest growing technology within wireless communications that are optimized for voice today and will be dominant technology to be used in 3G networks optimized for Internet access and data. Thus, Qualcomm's CDMA technology for example has about 15% market share today but most if not all of 3G wireless will be based on CDMA."

Also see:

investor.msn.com

investor.msn.com

nordby.com

Fred