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

To: RalphCramden who wrote (55822)	12/22/1999 2:06:00 PM
From: LindyBill	Respond to of 152472

This is in fact about equal to the SUM of the FOUR LARGEST CAPITALIZED companies in all of Yahoo's databas (MSFT+GE+CSCO+XOM). This is true, Ralph. It does seem unrealistic. But, ya gotta ask yourself, what will be the market cap of these four companies 5 years from now?

To: RalphCramden who wrote (55822)	12/22/1999 2:45:00 PM
From: The Verve	Respond to of 152472

Ralph, why is $10,000.00 a share in 2005 so incredible? It might be only 'slightly' optimistic, but I'd consider it reasonable AND achievable. Why? Q is projected to grow earnings 50% a year at least through 2003. (And that's not including HDR and China) Tack on HDR, China, a poss very favorable HS/ASIC deal which will help Q keep their 90% ASIC market share, other 'surprises' IJ pulls out of his hat..and 50% eps growth through 2006 doesn't seem out of line. Do the math. If you start with a base of $5.00 eps for 2000, you have Q looking at earning roughly $60.00 a share in 2006. When the market is looking toward 2006, it seems plausible the market will assign a forward looking PE of 150. That get's you to $9000.00 a share. And a market cap well in excess of 1 trillion dollars. Certainly, predicting the future 6 years out is 'tricky' at best. But my money is on this sort of scenario panning out... Ron

To: RalphCramden who wrote (55822)	12/22/1999 3:25:00 PM
From: DWB	Read Replies (1) \| Respond to of 152472

Ralph, As Lindy said, what will those companies be worth in 2005? $1.6 trillion is just another number, like $300, $400, and $500 for a single share of stock. Put it a different way, what were all of those companies worth 5 years ago? the answer is a whole lot less. With the explosion of wireless communication systems that we are going to see over the next few years, I think a lot of eyebrows are going to be raised as to the amount of money coming into QCOM. BWDIK DWB Q10K/Y2K+5