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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%3:59 PM EST

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To: Ruffian who wrote (44368)10/12/1999 4:47:00 PM
From: Jim Willie CB  Read Replies (1) of 152472
 
migration from overpriced INTC to new leader QCOM needed

a change of the tech leadership from PC leader to wireless leader is absolutely dictated by reason

Intel was featured in Barrons two weeks ago
called overpriced, with PEratio twice its growth rate
tomorrow the reaper cuts him down

Intel's growth areas are with network interface cards and other related gear... they do NOT own this sector like with PC processors... they will be tending toward industry growth levels... their PEratio must come down

note how INTC, MSFT, CSCO, DELL, ORCL all held today nicely
only MSFT lost more than one point

this fever wont last long
/ Jim
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