Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.35

-0.4%

3:59 PM EST

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To: Caxton Rhodes who wrote (38672)	8/25/1999 5:28:00 PM
From: DownSouth	Read Replies (3) of 152472

From that URL: "Investors fix targets for most stocks by estimating future earnings per share and then applying a price-to-earnings "multiple", also known as the P/E ratio. Companies with the most consistent earnings history or strongest growth prospects receive the highest P/E multiples. *We calculate price targets for the current and next fiscal year by applying the stock's current multiple* to the average professional analyst's estimate.** " Help me understand. The chart assumes a pe of 273, but the paragraph above "stock's current mulitple". The current multiple is about 100. What am I missing? (Besides my second battery.)

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