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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 172.29-2.2%Dec 17 3:59 PM EST

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To: JohnG who wrote (34210)7/7/1999 4:45:00 PM
From: jmanvegas  Read Replies (2) of 152472
 
IMHO, today's drop due to ERICY CEO quitting, Sony pulling out, YHOO earnings needing to beat whisper number, yadda, yadda, yadda. It is amazing to me that YHOO's market cap is approximately over 10 billion more than the Q - just compare revenues, earnings, forward PE, and just plain old technology. Is YHOO's technology prowess so overwhelming to thwart other ISP's from doing what they do or can offer? Ridiculous IMO. Does Wall Street have their head up you know what? The Q is cheap, could get a little cheaper in here but will create a tremendous buying opportunity. As I am writing this at least YHOO met the whisper. Will the Street like this -they want beyond the whisper number. With the forward PE of YHOO into astronomical levels, they have to justify the current price somehow. Good luck all longs.

jmanvegas
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