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

To: Keith Feral who wrote (110375)	1/7/2002 2:19:16 PM
From: Wyätt Gwyön	Respond to of 152472

What a queer remark. not as queer as you think. what kind of return do you expect out of QCOM? let's say 15% a year. i'd guess most QCOM fans expect at least 15% a year over a long period of time... given a 15% discount rate to justify this, and with a $40 BILLION market cap, QCOM needs to start giving you $6 BILLION in annual profits THIS YEAR. if they don't do that, then they need to give you $6.9 BILLION next year. you can argue with me, but you can't argue with MATH! i don't buy the idea of complaining that qcom is less overvalued than other pieces of trash out there (not that qcom is a piece of trash)...just because they're overvalued doesn't mean qcom is not!