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

To: 007 who wrote (37149)	7/25/1999 12:11:00 PM
From: Labrador	Read Replies (1) \| Respond to of 152472

>>I will go out on a limb here though and suggest that QCOM will triple from here before MSFT doubles from here. To me this is a much nearer term probability than even considering Maurice's comment (which I know was made for fun). The Q will shoot past the 100 Billion market cap in the not so distant future (several months) all in my opinion. << I think that the market cap of QCOM is around $25B right now. Do you really expect that QCOM will go up 4-fold within the next several months? You must also be quite bullish on MSFT if you also think it will double by year-end. Personally, I think that QCOM will go up 5-6 times before MSFT doubles. I am still being conservative, but expect that this will happen (QCOM) by December 2000.

To: 007 who wrote (37149)	7/25/1999 12:35:00 PM
From: JGoren	Read Replies (3) \| Respond to of 152472

Since the market cap is currently about 25 billion, you are predicting that the stock price increases by a factor of four in a few months. That is wildly unrealistic. The increase over the past five months is very unusual and due to a change in circumstances that led the market to revalue the company, which had been way undervalued. From this point forward, the stock price will be dependent on performance of sales and earnings. There is no way that the market cap will quadruple in the time frame you posit.