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

To: Skeeter Bug who wrote (48423)	11/8/1999 1:44:00 AM
From: Jon Koplik	Read Replies (1) \| Respond to of 152472

Re : well under 0.0001% of all businesses have ever done that [done real, real well]. The person who originally explained the Qualcomm story to me characterized Qualcomm's position by saying : "No company in the entire history of telephony going all the way back to Alexander Graham Bell has EVER been in a position to be able to earn as much money off of a facet of telecommunications as Qualcomm is right now and will continue to be for many years to come." I think this qualifies for getting Qualcomm into that 0.0001% category. Jon.

To: Skeeter Bug who wrote (48423)	11/8/1999 1:56:00 AM
From: 16yearcycle	Read Replies (3) \| Respond to of 152472

You seem to have a set position so there may be no point responding to you. Do you understand that Q is growing their asics business at 80%+ per year and Q is projecting 70 million in asics in the next year? It is not at all difficult to see them at 5 dollars this next year and 50% per year growth for 5 years after. Yes, at that pace, they will quickly become one of the largest capitalized companies in the world. I assume Nok will move up to surpass Csco's current cap while Q catches Nok. Your comments about Mot's pitiful chip tell us a lot. Skeeter, I see some folks here who I know caught csco and msft when their caps were well under 20 billion.

To: Skeeter Bug who wrote (48423)	11/9/1999 2:31:00 AM
From: Ron Woods	Read Replies (1) \| Respond to of 152472

Skeeter, obviously finance is not your forte'. Nor mine; however, I can do simple math. A company that begins with 700 million dollars in earnings at year one and grows that earnings by 30% a year will have a total of ~29.8 billion dollars in total earnings over that ten year period. That is assuming not one penny is re-invested over that ten year span. Obviously that number would be much larger assuming an 18% ROE. 700+910+1183+1538+1999+2599+3378+4392+5709+7422=29.8 billion dollars. The number 700 million in earnings for year 2000 is not my "pimped up" number. This is the average of nineteen analysts. biz.yahoo.com. 3.76 x 186 million shares. Right or wrong this is what the street expects for earnings for QCOM this year. Don't get me wrong, Skeeter. I'm not pushing this stock, just defending my choice. If you want to put your money in 6% t-bills, more power to you. You'll probably sleep much better at night. Personally, I sleep very well with 20% of my portfolio in QCOM....but then again, I can add. Ron