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Pastimes : The New Qualcomm - write what you like thread. -- Ignore unavailable to you. Want to Upgrade?

To: DWB who wrote (1581)	3/30/2000 10:23:00 AM
From: duncan moyer	Read Replies (1) \| Respond to of 12235

DWB, As a long time QCOM shareholder I like your Q2.5K/Y2K+5 but I seriously doubt the possibility. Yahoo this morning shows a market cap of 111.2 billion for QCOM at 157 1/2. To reach a share price of 2500 would imply a multiple of 15.87 from this price, for ease of computation use 15X. 15 times 111 billion yields over 1.6 Trillion. This is slightly in excess of the combined market cap of GE, Cisco, and Microsoft! I'm very willing to listen to arguments as why we might see these levels, I just don't see how QCOM can achieve average growth of 60% yearly over nearly 6 years. I see great things for QCOM and their shareholders, just not quite this great. Duncan