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

To: Uncle Frank who wrote (78065)	7/28/2000 10:01:24 PM
From: 16yearcycle	Read Replies (1) \| Respond to of 152472

Hi UF, Q! continues to have odd timing on its announcements. Doing this after the close on a Friday guarantees to feed speculation all weekend that it is an important announcement. Yet, if it is something long anticipated like Ford, or God forbid some additional arrangement with G*, it will end up being a dud. QCOM is always interesting. As far as price projections, an aggressive e guess for CALENDAR 2003 would be 3 bucks. Of course this is w/o the spin off. Right now we are trading at a 60 pe run rate, and if we sell at that on 1/3/2004, the price will be 204 based on the previous q's .85. Again, this is a flat line pe, and no spin off. Renewed speculation will inflate the pe and we probably get to at least 250 by the end of 2003. Or maybe not.