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

To: TobagoJack who wrote (8158)	8/11/2006 12:17:44 PM
From: Maurice Winn	Respond to of 219794

Thanks for your ever generous advice TJ. I am being offered a great bargain on QCOM though. Take off the $10bn cash and QCOM P:E turns into something like 7% interest rate equivalent, without the risk of the USD going to zero, which is what $ holders risk. It will go to zero. QCOM might not. USD will go to zero before QCOM goes to zero. Time scales for zero are 20 years, or maybe 30, for $ and 40 years for QCOM. Wild guesses I know. But I don't think either will exist in 100 years. Both will be big in 10 years, though the USD could have had a major prang. Mqurice