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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: cfoe who wrote (47904)11/4/1999 11:27:00 PM
From: Jim Willie CB  Read Replies (3) of 152472
 
very rough PEG figures

fy2k earnings conservatively at $4.50 / share

earning growth rate proforma conservatively at 200% now, and perhaps 150% next year

QCOM = 260 per share now

PEG equals 260 / (4.5 x 150) = 0.385

compare to Cisco PEG roughly about 2
compare to Intel PEG about 2
compare to Gillette about 5
compare to Coke about 5
compare to Staples about 1

conclusion: QCOM fair price per share of somewhere in the 700-900 range

call me crazy, but that is why I stalk this young alpha gorilla
/ Jim
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