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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.69+1.6%3:59 PM EST

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To: Skeeter Bug who wrote (58193)12/30/1999 2:38:00 PM
From: marginmike  Read Replies (4) of 152472
 
Skeeter with all due respect, if this was your first time on this board you might garner some credibility. However every 100pts since 150 you have been saying the same thing. As i might agree at 65o Q is 30-40% ahead of itself at 150 it was still cheap. Your opinion seems to lump stocks like Q and Yahoo together. The likes of Yahoomay be a tulip mania, I do not agree Qcom fits into that catagory. At 5.50 next years earnings we are at 115 forward PE and are growing at 50%. In comparison Csco has a 90 forward and a 25% growth rate. If Q is a tulipmania then so are all techs. When the dust settles the stocks with the most sustained Earnings will recover first. Good luck with your shorts!
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