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

To: SKIP PAUL who wrote (110446)	1/8/2002 10:53:15 AM
From: Wyätt Gwyön	Read Replies (2) \| Respond to of 152472

here's what BUFFETT had to say at the most recent Berkshire Hathaway shareholders meeting: "If you've got a business that's delivering you no cash today and it's selling for $500 billion, in order to give you 15% on your money, it'd have to be giving you $75 billion this year. But if it doesn't give you $75 billion this year, it has to give you $86.25 billion next year. And if it doesn't do it next year, it'd have to give you almost $100 billion in the third year. Those numbers are staggering. The implications involved in certain market valuations really belong in Gullivers Travels or something." there, you heard it from the Oracle of Omaha. you can plug in the corresponding numbers QCOM would need to make based on its market cap. it's JUST MATH! What you are saying is absurd i guess you might think what BUFFETT says is absurd too? LOL!