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

To: Whatnot who wrote (128828)	5/8/2003 8:34:10 PM
From: limtex	Read Replies (1) \| Respond to of 152472

WN - There is obviously some reason why the market is treating Q as it is. This is not happening by accident. The potential is all too well known today. The recent run up in the markets was not small it was big. QCOM performed well, better than most but there is clearly no interest in the stock. It has one big run in its life but 85% of that has now been retraced. So have amny others but the many others did not perform as well as Q has done during the three year crash. yet it still languishes. It has cast iron patents, its technology is growing as we all belived it would. We have China where analysts trated it as a joke and WE have India that wasn't even dreamed of. The only downer is W-CDMA. I remember Dr Jacobs saying one year that his nightmare was not that Europe would go W-CDMA but that Europe would not be able for one reason or another to get W-CDMA off teh ground. Dr Jacobs nightmare has come true. Other than that the company has done really well it seems to me. But with $2 eps it could quite easily attract a P/E of 15 and where does that leave the stock? And what happens to rev/earnings growth after that. They just don't fancy it at the moment. It needs a fundamental change in sentiment over the comapny's prospects and the industry. I think that the marekt believes that there are easier places for growth IN THE STOCK price than Q. That it seems to me is wehre we are. Love or not love not to have collapsed during this run up is very odd. Best, L