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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.59-3.9%Nov 20 3:59 PM EST

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To: SpudFarmer who wrote (49232)11/11/1999 7:21:00 PM
From: jmac  Read Replies (2) of 152472
 
It is scary. Some of what I have has gone up 150 points. That's never happened to me. What's really scary is that I am not sure this is over yet. I'd think it is getting close but I got to believe 400 is in the cards. Everything is clicking for this company. I believe the estimates for earnings for next year may be up to 50% short. If we earn $6 in 2000, then at 400, you have a PE of 66 with growth expected to be over 50% in each of the next few years.

I am holding for now.
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