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

To: George Gotch who wrote (26036)	4/4/1999 7:31:00 PM
From: marginmike	Read Replies (4) \| Respond to of 152472

George with all due respect to your massive intellect. We are all morons next to you. However most of us have owned Qcom for many years. We understand this business model better then you. In fact most of us new this deal was inevitable months ago. I wouldnt worry about due dilligence. There is nobody on this thread intending to mislead anybody(except Tero). We discuss the good, the bad and the ugly. Frankly this company is not just any Tech company. If you understood the model you might agree. Most of us do not care about short term stock action. We are interested in the 5 year plan. Unless you can give me a solid argument about why Qcoms earnings wont explode then your rhetoric is just Noise. The fact that the stock has skyrocketed thus must come down is an idiotic argument. There are many stocks (AOL,BCST,AMZN,RWNK,SUNW) that have gone up with only a few speed bumps. I could easily argue that Qcom has grown 100% in the last two and one half years. The stock is now just coming into line to match its growth? I could say its been building a base for two years. I am not saying we wont take a breather, and that we wont pull back some. I am interested in you telling me why over the long haul this stock is not a monster company to own. Please dont bother with the maybee a new technology comes along nonesence. The martians could land and they could teach us telepathy also. For years we have heard noise noise noise from everbody about why Qcom was a lousey investement, if you are going to post your contrary view please back it up with somthing better then what goes up must come down!(last time I checked AOL aint coming down!)

To: George Gotch who wrote (26036)	4/4/1999 7:54:00 PM
From: Clarksterh	Read Replies (1) \| Respond to of 152472

Qualcomm valuations: Qualcomm first hit $50 per share in mid 95 when it had 1/7th the revenues per share it now has. Although I think it was overpriced then, and would be overpriced now at the equivalent $350 per share, neither do I think that it is impossible to reach such heights and beyond in the next year (if you assume 50% revenue growth Dec/Dec, then at the same valuation about $500 per share is possible). As for risk, sure there is some, but point to a stock where that isn't so. Clark PS Strong note - this is not, repeat NOT!!, to imply that I think that we will get that high this year, but it is not out of the realm of the possible, whereas it is for Microsoft and Intel.