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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 165.13+1.1%Nov 26 3:59 PM EST

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To: techguerrilla who wrote (63430)1/22/2000 4:26:00 PM
From: Webster  Read Replies (1) of 152472
 
CNBC is the audience for the public. When qcom makes its eventual run into the +$200 there has to be someone to buy the stock - this is where CNBC and the public comes in.

The general public as well as the run of the mill analyst are perfect for one another. There is very little DD. Buy it when its high and sell it when FUD is presented. What's left? - MM's and the LTB&H.

Just over one year ago qcom had a forward PE of about 3 (based on FY00 earnings of $1.25) The PE was less if you go out further. CNBC wasn't around to talk about this.

By the time the general public knows of QCOM as a solid long term opportunity the stock will be over $400. FWIT
Thanks
WEb.
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