Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.35

-0.4%

Dec 4 3:59 PM EST

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To: MileHigh who wrote (51612)	11/24/1999 11:01:00 AM
From: 16yearcycle	of 152472

I like your post. It is in the best interest of those of us who want to hold for years, that the stock tracks the growth rate, plus a little for pe expansion. I think the past 2 months solved our pe expansion problems ;>) Now, all we really need is for asics to grow at 80%+ while e grow at 50-60% per year for a few years. It is realistic. I think we will be in a pretty wide range until we hit the 50 day ema, which is rising at 20 points per week to catch up, and then we will settle into an average stock price increase of 50-60% per year to keep pace with e growth. If that perspective seems sedate, it still means Q hits 1600 in 4 years.

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