Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.07

+2.6%

Dec 3 3:59 PM EST

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To: SpudFarmer who wrote (38843)	8/27/1999 3:58:00 PM
From: DaveMG	Read Replies (3) of 152472

To: Steven J Emmerich who wrote (66850) From: Michael D.Burke Friday, Aug 27 1999 11:10AM ET Reply # of 66908 Steve, Qualcomm is already priced about triple all the earnings it will make in its corporate life (which is far more than the discouted dividends it will ever pay), so I think there is no doubt it is a very overpriced stock. The problem is, they are likely to make or beat estimates and that is what most investors care about, not the value of the co. So, I think Qualcomm is doomed as a stock, but I don't know when the market will realize it. It will be a huge put winner some day. Message 11085313

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