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

To: GO*QCOM who wrote (26735)4/11/1999 12:15:00 PM
From: GO*QCOM  Read Replies (1) | Respond to of 152472
 
Lifted from the Motley Fool: jazfool Number: of 281
Current Barron's issue features an interview w/Frank Jennings, (Oppenheimer fund mgr). He is quoted as seeing QCOM attaining a $100 billion market capitalization (current market cap is now about $7 billion with the runup.) No time frame was mentioned although my assumption is 4-10 yrs out. He also is forecasting DJIA of 30,000 by 2010. (as a reference, in '89 he correctly predicted a 10,000 DJIA in '99) 15x CURRENT valuation--very interesting.

Jazfool



To: GO*QCOM who wrote (26735)4/11/1999 2:41:00 PM
From: mozek  Respond to of 152472
 
The problems I have with Sprint are 1) spotty coverage and 2) 4 minute billing increments. If they became competitive in these areas, I'd probably switch to their service and buy their stock.

Mike


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