Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: cuemaster who wrote (96686)	4/3/2001 3:36:10 PM
From: Pierre	Read Replies (2) \| Respond to of 152472

I can't help but lend my 2 cents to the doom and gloom that permeates this thread. Or maybe it's more a question. First, those that predict Q* price can be halved from here are probably right. In this market that is possible. And Q* does still carry a hefty PE. Two things occur to me. First, Q* has substantial cash, no real debt, and relatively minimal costs. Classic IPR story with several variations that make it even nicer. Just as many individual investors will begin picking off under valued stocks, isn't this also a rather remarkable opportunity for Q* to begin using its robust balance sheet to push its technology? We have discussed for a long time w-CDMA vs CDMA 2000, and the implications for Q* given various scenarios. It seems to me that this market collapse, ironically enough, could be the spur that accelerates CDMA 2000. Maybe never in fortress europe, but certainly in every other corner of the globe. I guess what I'm saying is that, because it does seem to be a superior solution and makes economic sense, the current economic environment may force adoption of the technology where other considerations may have precluded it in a more market friendly environment. The second, a question really, is given the talk of single digit PEs, does anyone have a feel for the kind of revenues Q* can generate should w-CDMA be limited to europe and CDMA 2000 proliferates every where else? In short, looking out 2 to 3 years, is it conceivable Q* could quadruple earnings? Just thinking and wondering out loud. The cold steel on the end of that spear is sobering. Still, there will be big winners as this shakes out. What to do? Pierre