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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 180.21-1.2%Jan 7 3:59 PM EST
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To: SpudFarmer who wrote (53988)12/14/1999 3:01:00 PM
From: JGoren   of 152472
 
True. However, what interests me is the interplay between income growth and PE. I would think that if the company is able to sustain a 50% increase in income, the stock price would rise by, let's say, 30-35%, and the PE would come down accordingly. Somebody better at math can do the calculations running five or more years out.
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