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


To: Jim Lurgio who wrote (22582)2/6/1999 1:19:00 AM
From: Maurice Winn  Read Replies (4) | Respond to of 152472
 
Jim, $18 x 4 = $72 [nearly there] which leaves me with a P:E of about 25 at the end of this year and a growth rate of 40% or so. Not to mention [again] the things like ownership of the keys to WWeb. Nokia owns a good brand, a very high P:E and growth prospects of not much. They can't go much above 40% market share you know! Not without owning something unique. Great research and development, design and marketing has helped them. Good for them.

But I think Q! will do me much better from 1994 to 2010 which is what I'm interested in. Not some quick trades in and out when the mania hits a stock because I can't predict those [see my $80 curse which didn't work for 8 months in a row].

I expect by 2010 to have about 20 times my money. Already I have 4 times and cdmaOne and WWeb are 'still warming up' and 'not yet started' respectively.

Nokia is just another also ran [but off to a bad start] in cdmaOne. They don't start with much advantage at all - though a huge cash flow won't hurt them...

Somebody today pointed out all the boat trips Tero has missed.

It makes heaps of cents to me Jim! Sense too. Scents too; sweet smell of success.

Mqurice

PS: Associated with Qcom at $18 throw in Globalstar at $3 per share, currently $20, which is nearly 7 times in 4 years. Not bad either and maybe BETTER than Nokia! With LOTS of room to go up as well - especially if they actually launch anything....