Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.32

+0.3%

Dec 8 3:59 PM EST

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To: limtex who wrote (16231)	10/8/1998 8:46:00 PM
From: Skeeter Bug	of 152472

limtex, my issue with the likes of coke, etc are ridiculously absurd pes relative to growth rates. easy al's job, imho, is not to become as easy as monica and lower rates so rank speculation can continue. the bubble will collapse. the only question is when. if greenspan tries to keep it inflated then the end will be worse than it otherwise would have been. his job is not to support 10% growth companies (in great times - lookout below in bad times) trading at 30-50 pes. to do so would be unhealthy long term, imho.

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