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

To: JohnG who wrote (37132)	7/25/1999 5:23:00 PM
From: Maurice Winn	Read Replies (2) \| Respond to of 152472

<Gee!! I can buy stock with a pres value of $694 for only $158. What a deal!!> Yes, amazing that people invest in other stuff when such a bargain is sitting there. But why do people sell? I suppose you can't wait forever to enjoy the fruits of effort - the old problem of having $1m in stock and driving a 15 year old car. Buy a new one by selling stock and it costs 10x what you actually pay in lost opportunity. Actually, to beat MSFT to $1t will be tough. MSFT was cunning enough to hook up with Q! on WK and that will propel them along with Q! [to some extent]. So it will probably be MSFT first to $1t, but Q! should be first to the $2t mark. That would mean a P:E of 20:1 using conservative sales forecasts rather than 10:1. By the way, those are not irrational exuberance figures. Those are conservative. Irrational would be $10bn by 2010. Hmmm, then again, these are going to sell fast....nahhhh, that's just too much.... Mqurice