Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Voltaire who wrote (49238)	11/11/1999 8:07:00 PM
From: The Verve	Read Replies (2) of 152472

Hi Voltaire, I hope this isn't a bother to you but I'm a little confused about the mathematics. What do these numbers represent? Also I think there may be a miscalculation because 163 x 5 = 815. Divide that by 3 and you get 272. Is that the number you're looking for? Either way it represents a great return. I believe Q can and will command a hefty PE ratio as things begin coming our way. Especially as Q becomes thought of as the 'next' Microsoft or Cisco, but with the potential to be much bigger. EVERYONE wants a piece of the 'next' Microsoft, whatever co. that may be...especially the 'have-not's' that wished they could have or would have invested their cash when those guys were emerging. Of course there are many other factors in play, you've made mention of a few. (which, I thought were articulated by you rather artfully, BTW) Thanks for sharing your thoughts. Ron Let me see if I can guess at this, 163 represents the PE ratio. 5 represents earnings in 2001. 3? tick tock, tick tock... I give up!

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