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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: Smart Investor who wrote (57735)12/29/1999 5:39:00 PM
From: LJM   of 152472
 
<<Sold my position in QCOM today. It is getting ridiculous. With a projected earning growth of only 25% next year, a PE of more than 200 is just too rich.>>

25 percent earnings growth???? I see 1.24 earned for FY99 which ended in in Sept/99 and 5.02 for FY00....am I'm missing something here?? Source is Thomson's Investor...

LJM
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