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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 (50184)11/15/1999 5:44:00 PM
From: Wyätt Gwyön  Read Replies (1) of 152472
 
Sorry, but I think the analysis is not too meaningful...that moneycentral thing simply assumes a trailing PE of 213 will be applied. QCOM may reach 800 next year, but not if it only earns $3.79 like it says in the analysis. The way the bulls reach an 800 figure for next year is by assuming a much higher EPS, along with a lower PE. If QCOM only earns $3.79, this stock will be under 300. Fortunately, that is not too likely!
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