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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 147.19-3.6%3:59 PM EST

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To: Boplicity who wrote (37810)8/7/1999 7:33:00 PM
From: LindyBill  Read Replies (3) of 152472
 
Frankly what the houses have for a price means little to nothing to me

I really don't care either, Gregory. What I do care about is earnings. I see no reason to believe that earnings will be less than 4 to 6 next year. I see no reason to believe that the market will pay less than 50 times earnings for Q. This gives us a price from 200 to 300 next year, no matter what direction the winds are blowing.

Do you see anything I don't?
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