Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.08

+1.8%

12:59 PM EST

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To: kanford who wrote (36260)	7/20/1999 8:31:00 PM
From: marginmike	Read Replies (3) of 152472

Ken i agree, however in the long term what is 20-30pts. The earnings estimates for Y2k will put us at least 100% higher from where we are now at a reasonable PE. This stock will pull back and will provide a new buying OPP. However speculating on short term price is frustrating and impossible. This stock should be priced at its growth rate about 40-50 PE.

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