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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: Jon Koplik who wrote (23909)3/9/1999 12:41:00 PM
From: Keith Feral   of 152472
 
Jon: I expect the company to do a 2 for 1 split april 20 on the earnings report. With the layoffs behind them and the infrastructure picking up momentum, most of the loose ends will be behind us. With up to $4.00 in EPS for next year, I easily think the company should be valued at $55 to $60 after the split. 30 times forward PE is not unreasonable.
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