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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: SpudFarmer who wrote (53986)12/14/1999 2:18:00 PM
From: SpudFarmer  Read Replies (2) of 152472
 
Thoughts on 'experts' and earnings growth/sustainability:

Let's say Q drops to 200. What will the experts say then? Buy it now? NO! They will say it is now coming into 'fair value' and has further to go. They will pull out the cliches like "Don't catch a falling knife", etc...garbage.
Why? This is Q (egg), this is their face on Q. Ego is a powerful force. (Why else are they doing it? Money? Hardly) They won't wipe Q off.

Earnings growth, even if the momentum of CDMA stayed the same, 50%/yr. is bottom line, not a target by any means. Just my silly 'chattering' opinion. : )

Q rocks, just a matter of time...
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