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

To: Caxton Rhodes who wrote (117028)	4/23/2002 4:43:25 AM
From: limtex	Respond to of 152472

CR - Well we are in the middle of the greatest bear market in history so it isn't very surprising. But the Q is one of the few companies that has got a bit of a monopoly, good cash flow, increasig reves and earnings ( we hope) fantastic prospects, no debt, a product that most of us can't wait to get hold of and use every day, indeed all day, a really good managment team that got the company out of handset manufacturing years ago, a mountain of cash, still no debt ( even after this long a sentance). One day the economy will recover. It has got till the March 2004 to do or GW is going to go the way of his Dad. 2H recovery in 04 won't work. If the economy recovers so will the P/Es. My guess is that there is a big recovery underway but I say that with a lot of the opnions of the serious economists in mind. Best, L