Strategies & Market Trends : Gorilla and King Portfolio Candidates


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To: tekboy who wrote (35621)11/29/2000 10:31:55 AM
From: Mike BuckleyRead Replies (1) of 54800
 
Well, if Qualcomm is 8400 by then,

LOL!

That reminded me that it's been awhile since I've made the fun comparison between Cisco and Qualcomm.

First, that pre-split price of $8400 equates with a post-split price of about $2060. To acheive that by April 1, 2007, the stock will have to increase at an average annual rate of about 65%.

If I remember correctly, at the time of all the previous comparisons between the two companies' stocks Qualcomm's had kept pace with Cisco's. Not so today. At the comparable point in time since the beginning of Cisco's first tornado, its stock had increased about 1883%. Qualcomm's stock has increased "only" 1146%.

All of the above is nothing more than fun, but it does bring up a serious note. It has been two years and eight months since Qualcomm's tornado first began (by my reckoning.) The stock has risen 1146%. Doesn't that validate at least in part the manual's strategies? Doesn't that ease at least in part the concerns so many have because the stock has tanked from its high earlier this year?

--Mike Buckley
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