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

To: J.B.C. who wrote (66195)	2/7/2000 6:56:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 152472

jbc, might a suggest a remedial math class at the local community college. if the value of the bond was actually 57.2B (it isn't, and that .2 was a nice touch to make folks think you knew what you were talking about ;-) the $6.5B you earned in interest would result in over 11% return if bought at $57.2 (i do so love the .2 ;-). you are going to equate an 11%+ return to 8.5%? not on this planet. ;-) not under rational mathematics. the answer is closer to $75B - still quite a paper loss. no need to exaggerate, if that was what you were trying to do. again, if you keep the bond, you earn $6.5B over 30 years. the bond loss you speak of is HYPOTHETICAL. qcom's recent losses, well over $50B (over twice the loss of your bond DISASTER scenario!) as recent as a couple weeks ago. it is still down over $40 B. so, bonds have some risk and qcom has some risk. given that each has its own risk, and qcom has already lost $50B once (while the bond is actually UP if you had recently purchased the 6.5% bond), would you rather have a guaranteed $6.5B or a speculative $0.75B? well, we know you'd take the $0.75B. then again, you think 11%+ is equal to 8.5%. no surprise there, huh? ;-)