Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: Kayaker who wrote (53975)	12/14/1999 1:08:00 PM
From: 16yearcycle	Read Replies (1) of 152472

Considering the number of profitable high tech gorillas going for a peg of 2.0+, it is getting real old hearing how Qcom is unjustifiably high. We are running at a growth rate of 60% minimum, so using the same numbers as the other big caps, a pe of 120 on this years e allows us to be at 600 NOW. I have said before we are ahead of ourselves, but I am trying to be conservative. These guys are simply dumbfounded by the 19-435 move. If they would take their heads out of their asses they would see that at 19 we were at a pe of 4!!!!! on this years earnings, and so the issue is why the stock was so friggin LOW, not why it is high now.

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