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


To: SpudFarmer who wrote (44498)10/13/1999 12:09:00 PM
From: R. Ramesh  Read Replies (1) | Respond to of 152472
 
Folks,

I have been thinking about the 1B subscriber by 2003 (or is it 2005)
by Dr.J and this is what my thought led me to believe. I usually change land line phones once about 3-5 five years. Applying this to 1B handsets, we are talking about 200-300M hand sets every year (steady state) if Q makes about $5 on each set (earnings) then we are looking at 1-1.5B in earnings turning into $6-9/pershare. This to me is very conservative taking only into repeat buyers. Just with this picture
I am seeing the stock worth between $300-450.

Any body want to add more realism into this picture with growth added
with HDR and other stuff?

Hope I am not making myself look silly by stupid analysis

Ramesh