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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: limtex who wrote (22506)	5/11/2002 4:55:36 AM
From: Maurice Winn	Respond to of 196984

<Aren't there 900m shares so that is just over $2 per share. How does that get the stock price to $60 again?> Limtex, 500 million devices in Europe will be just a bit of the action around the world and people replace devices every year or two or three. By 2010, when 2 billion people around the world have CDMA phones and there are swarms of other CDMA devices, upgrading them frequently, royalties alone will be significant. There are already 60 million CDMA devices per year being sold, with almost none in China, Japan, India, Europe and some other countries. It will soon be 200 million per year. Then, there is all this fun stuff: Message 17178169 I notice Q-chat isn't on that list. Nor some junk bond investments. Plus, they aren't spending $400 million per year on Research and Development for nothing - there will be a continuation of the remarkable technological developments we've seen over the last decade. $60 a share will not take long to arrive. $600 a share will take a bit longer, but probably not longer than 2010. That's my theory, Mqurice