Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: GO*QCOM who wrote (26736)	4/11/1999 1:30:00 PM
From: MileHigh	Respond to of 152472

He also is forecasting DJIA of 30,000 by 2010 This is a 12 year period actually which equals a compounded annual growth rate in the DOW of 9-10%. This is hardly a revolutionary prediction as the market has returned on average 10-11% annually. People tend to see DOW 30,000 and say "WOW!" But really not a big deal if you believe that the market delivers approx. 10% growth annually over the LT...As we go higher the numbers just get bigger, but percentages are what matters. MileHigh