Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 178.26

-2.3%

12:08 PM EST

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To: waverider who wrote (93415)	2/7/2001 11:57:57 PM
From: freeus	of 152472

Thanks Rick, I am depending upon a service I've subscribed to for over a year (but ignored before)...buying small undervalued companies and hopefully selling at a gain, shorting overvalued etc... When I have a reasonable portfolio back again I'll begin buying Qcom. But I do believe the price will be lower: I think any p/e over 30 will still be severely punished until the recession plays its way out. Which is not to say fine companies like Qcom (and Csco and sunw too) will not have ridiculous p/es again in the future..just not right now. I think. BWDIK :I didn't sell and keep my fortune. Freeus

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