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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: jewishcarpenter who wrote (45857)10/23/1999 10:59:00 AM
From: 100cfm  Read Replies (1) of 152472
 
why do you say there will be a post earnings sell off, when you know that everyone will be extrapolating the hell out of the numbers and everybody will conclude that earnings for next yr will come in between 5 and 6 bucks. and since we are in the new fiscal quarter, the stock will be valued on earnings going forward and at 60-70pe, its clear that the q is way undervalued.
no argument with the fomc statement.
y2k is turning out to be everyones scapegoat for their true problems. i just had to buy all new pc's for my office due to new software that is y2k compliant. i didn't have a choice to wait till after jan.1. should be the same for alot of other buisnesses. besides no one is going to put off a cell phone purchase due to y2k.
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