The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 166.05

+0.6%

Nov 19 3:59 PM EST

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To: Art Bechhoefer who wrote (551)	8/4/1999 11:57:00 AM
From: Caxton Rhodes	Read Replies (1) of 13582

Art- Q is vulnerable as are all stocks these days. Compared to history, trading on forward earnings multiple of 40 is sky high. If the market eventually moves toward the old model, Q as well as most other stocks could be cut in half. I don't expect a crash, but it is in the realm of possibility in the next few years. Caxton

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