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

To: hueyone who wrote (126117)12/20/2002 12:08:26 PM
From: hueyone  Read Replies (1) | Respond to of 152472
 
But this is not to deny that QCOM is well positioned from a competitive standpoint going forward. Whether QCOM is worth $40 per share....well, that is another issue altogether.

Best, Huey



To: hueyone who wrote (126117)12/20/2002 4:27:42 PM
From: Art Bechhoefer  Read Replies (2) | Respond to of 152472
 
>>600 million dollars of shareholders’ equity<< Hmmm, they've got nearly $4 billion in cash, yet you're saying they have only $600 million in equity?

Try this: Look at the change in book value per share since the company first went public. Adjusted for stock splits, the gain is impressive, to say the least, especially when so many larger competitors have wished QCOM would simply go away.

Art


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