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


To: John Carragher who wrote (133356)3/13/2004 1:59:54 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 152472
 
Hopefully, qcom outperforms Buffett for next ten years

who knows. but i am reminded of a similar comparison i made between QCOM and bonds, back when QCOM was at a similar price at the end of 2001...

gdichaz: BTW suggest time is running out on purchase of the Q at these bargain prices

Darffot: LOL! your quote would have been accurate 3 yrs ago...whether it will be accurate on a day when QCOM closed at $61.99, after a huge runup from 38, remains to be seen. let's check back in 10 years and see how they did compared to bonds!


so far, QCOM has gained $1.01 from that time on Dec 5, 2001, when i was being regularly harangued for my bearish outlook on QCOM valuation, and numerous QCOM fanatics were sending me PMs begging me to buy the stock....

subsequently, of course, it lost more than half its value and has only now come back to slightly better than breakeven.

meanwhile, the bonds have done quite well. the future remains to be seen..

Message 16759850