Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 140.16

+0.9%

3:59 PM EST

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To: METMAN who wrote (282)	12/5/1996 9:04:00 PM
From: Philip Merryman	of 152472

METMAN, I am going to have to disappoint you and tell you I do not know the answers to your questions. However, I will make the following observation: The most Qualcomm has made in net income in any one fiscal year is 52 cents per share, which was for fiscal year 1995. For this just completed fiscal year, 1996, Qualcomm made 30 cents per share. Based on today's closing market price of $39 1/8, Qualcomm's price-earnings ratio based on fiscal year 1995 earnings is 75.24 and based on fiscal year 1996 earnings is about 130. Philip Merryman

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