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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (18016)	10/25/2001 11:54:59 AM
From: JRI	Read Replies (3) \| Respond to of 209892

Whadda looking for today? Been way occupied w/other stuff today...don't have a feel..

To: AllansAlias who wrote (18016)	10/25/2001 11:55:26 AM
From: marginmike	Read Replies (1) \| Respond to of 209892

Allan if the naz plunges to 1000 and the absolute worst case scnario comes to be, Qcom will still be above 25. It has one of the most recession resistent model's out there, 3 billion in cash and a manopoly(like msft did in 1990's) in the CDMA market. They will make 1.20 next year and have projected 39% 2002-2003 growth. The MGMT is very conservitive and the markets they sell into are in the 2-3rd innings. US subs are finally gravitating to the cheaper more effient CDMA networks. This is the bluest blue chip out there. If you discount their royalty stream alone the stock is worth 20-30 bucks.