SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DownSouth who wrote (38674)8/25/1999 7:54:00 PM
From: SpudFarmer  Read Replies (1) of 152472
 
DownSouth: P/E 100, you are correct. # crunch time.

Avg. est : 2.32
High est : 2.47
Multiply X 100 =

Previous 2 quarters, Q has beat avg. est. by .12. No telling what if any increase there will be.

I may be stating the obvious, (preaching to the choir?), but here goes anyway.
Analysts est. are low for two major reasons:
1. No one is disappointed when the numbers are actually larger than estimated. No one disputes their brilliance.
2. Company meets est. and they look brilliant, even if the price of the stock tanks.

The company doesn't meet est. and it is the company's fault. Win, Win, Win, for the analysts.

When Q grows 100%/year, I think next years est. are low. But assuming that kind of growth (or any other assumption) can be hazardous. For Q, it is not too much of a stretch.

Just my thoughts.

Suprises?
G*
China
mot caving
ericy gets serious
Christmas (Will be boomer year for all)
Ho, Ho, Ho.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext