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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (8071)8/10/2006 10:48:21 AM
From: Maurice Winn  Read Replies (1) | Respond to of 220158
 
Yes, QCOM still alive and now nearly down to $32, the late night buy price after a panic in 1996. I might just have to take up the sellers' offers. QCOM values QCOM at $44 [last bunch of stock purchases with their $10bn stack of cash]. They are the total insiders, so if they think it's a buy, then it should certainly be a buy for me at $12 a share cheaper. I'd have to get an increase of a third just to get back to their idea of a QCOM share price bargain.

I realize they thought NetZero, WirelessKnowledge, Windblast, Globalstar, Vesper, Leap Wireless and a lot of other "strategic investments" were bargains too, but weren't. So it might be that they are misjudging the value of QCOM too. Problems problems.

Mqurice