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

To: Tom Kearney who wrote (43524)	10/6/1999 12:08:00 PM
From: 16yearcycle	Respond to of 152472

I hate, sort of, to do this publicly, but the Jan 180's have gone from 12.5 to 43 in about 3 weeks. I dumped at about 21 average:>( but got back up and in at 28. Just sold a little again. Pretty happy. I still think we should eventually sell at about 65x the expected coming quarters e times 4. You get the idea. Currently, that gives q a value of 247. If we expect about 1.10 in January, it should sell at 286 a few weeks before. We have such a large margin of safety on he stock price.... along way to go to be overvalued. We just need to watch the news for cdma to maintain it's momentum. as long as the fundamentals keep improving, the fast, long ride will continue.