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


To: jmac who wrote (84331)10/21/2000 12:57:25 PM
From: saukriver  Read Replies (1) | Respond to of 152472
 
But, I am a little befuddled. Pru gets a valuation of about $105 and that includes a conservative quess as to what China might bring to QCOM. Didn't we have a 12 month target of $250 that was later reduced to the upper $100's a few months back and that didn't include the extremely good news that has come out of China in the past month? Was that out of Pru?

Are you are mixing up PaineWebber with Prudential? The recent stuff was from Pru.



To: jmac who wrote (84331)10/21/2000 1:26:31 PM
From: samim anbarcioglu  Read Replies (1) | Respond to of 152472
 
>>valuation of about $105 and that includes a conservative quess as to what China might bring

I think this is what was said:At this time, however, we believe it
is prudent not to include these subscriber estimates but
point to their potential as an opportunity going forward.
...............
In addition, we believe that if China adopts CDMA, there is
opportunity for the growth rate of 40% to increase.
................
Thus a sum of the parts valuation yields a current share price of $105 based on our conservative estimates.

Please jmac, please, the $105 figure is without the Chiner effect. It is the sum of new QCOM plus Spinco...