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


To: 16yearcycle who wrote (53977)12/14/1999 1:27:00 PM
From: The Verve  Read Replies (1) | Respond to of 152472
 
Eugene...I agree, it's amazing the number of people that just don't 'get it'. "1000% + move is too much too fast", they say.

Q could grow another 1000% next year if their earnings increased by a proportionate amount too. (Not that it's likely to happen) But imagine the naysayers then! Running in the streets, screaming in agony...

Eugene, I have a question for you. How long do you think 50% growth or 60% growth is sustainable for? I've heard estimates of 50% "at least thru 2003". After that, in your opinion to sustain 50% growth, do other growth drivers need to kick in, or can we maintain that growth just thru the CDMA buildout?

Ron