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


To: Skeeter Bug who wrote (66391)2/9/2000 11:14:00 AM
From: Murrey Walker  Read Replies (1) | Respond to of 152472
 
skeeter...Michael's calling for you. Go back home like a nice little bear. <G>



To: Skeeter Bug who wrote (66391)2/9/2000 11:17:00 AM
From: J.B.C.  Read Replies (1) | Respond to of 152472
 
What's that on my leg.....Swaaat, GOT HIM. Damn skeeters, useless criters.



To: Skeeter Bug who wrote (66391)2/9/2000 11:34:00 AM
From: Lipko  Respond to of 152472
 
The Bug is RIGHT. My IRA tripled in 1999, largely due to the Qcom I bought in May, 1997. Net worth in general up 82% in 1999. I'm really glad I wasn't in Tbills. I'm spending my profits to travel to exotic places. I guess I'll use a G* phone to check with my broker on my Tbills [G]. We all can make choices, I don't care for the Bug's way. Basta. John.



To: Skeeter Bug who wrote (66391)2/10/2000 12:42:00 AM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
Skeeter - I guess I will allow myself to be dragged into this again.

Instead of your assumed 6.50% on T-bills ... how about my best guess (I am serious) of about 3.00% on T-bills starting within a year or two ?

Then, lop off 39.6% (for taxes) of the T-bill interest (if one is wealthy enough to really care about the implications of all of this).

All of a sudden you are down to something approaching 1.5% after tax compounding of your money.

Qualcomm (share price increases, if any) compound tax-free until you sell.

This is sort of the underlying main "guts" of the argument of those wild and crazy guys who say the DJII should be at 36,000 today.

(Eventually, the compounding of good results for a (truly) growing business does catch up with the returns offered by fixed income instruments).

(See posts numbers 24486 and 24487 on this thread to read more from those guys).

Jon.