Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

Nov 14 9:30 AM EST

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To: waverider who wrote (45863)	10/23/1999 3:03:00 AM
From: MileHigh	Read Replies (2) of 152472

-- JDS Uniphase Corp. (NasdaqNM:JDSU - news) (Toronto:JDU.TO - news) was started with a buy rating and a 12-month price target of $170. Shares of the stock were up 2-1/2 at 125-9/16 in Nasdaq trade. -- JDS Uniphase is expected to earn $1.11 a share in fiscal 2000 and $1.56 in fiscal 2001. Interesting to compare QCOM and JDSU growth rates and current PE's~ Optical networking is hot. JDSU is trading at 86X '01 earnings. If Q earns $5.00 in '01, we would be @ 430 right now.....hum...!? I sold my JDSU @ 106 to buy some Q at a current cost basis of 172.67. Looks like JDSU is winning the race, for now.... MileHigh

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