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


To: Ponderosa who wrote (43865)10/8/1999 11:35:00 PM
From: DWB  Respond to of 152472
 
Ponderosa,

"Anyone want to narrow down this revenue estimate a bit... that 70 billion difference is a pretty big variation for a one year period even if it is 3-4 years out"

If I'm not mistaken, in that sentence he was talking about market cap., and not revenue, hence the subsequent posts that it was 3-4 months, since the company is already at ~$35 billion. Obviously, many of us thought that QCOM would explode in the 3-4 year period following Spring '99, but it's also obvious that the rate of growth this year had taken most people by surprise, even the very bullish.

DWB



To: Ponderosa who wrote (43865)10/9/1999 12:16:00 AM
From: marginmike  Read Replies (1) | Respond to of 152472
 
Since then I have changed my mind. I would be surprised if Q did not have a 100 billion mkt cap in 2-3 years. At this time next year we should be at 80trailing( 50 forward PE). I will assume we will due at least 5.00 that gives us 400 a share and apx a 60-70 Billion MKT Cap. Just a guess IMHO.