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To: chic_hearne who wrote (42734)	11/30/2000 9:08:38 PM
From: marginmike	Respond to of 436258

Look I dont disagree on alot of stocks not being worth 1/2 what they are at. I happen to know Qcom's numbers off hand. Qcom does not fund vendors, they do not have a competitor. In many ways their position in Cell phones is like MSFT's was in desktops 10 years ago. I am not saying what I do or dont think its worth, but I do not believe it will be a 10 dollar stock unless something really devestating hapens to their biz. Fundimentaly its worth 50X earnings in todays market, if naz drops 50% from here to 1200 its still worth 30-40. If Qcom saw 10 I would mortgage everything I had and buy Leaps.