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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 177.78-2.2%Jan 9 9:30 AM EST
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To: CAtechTrader who wrote (64118)1/25/2000 5:37:00 PM
From: RocketMan  Read Replies (1) of 152472
 
Good point, catech, the royalty stream upside surprise is very important, since this is where the new qualcomm will grow. Also, the pro forma 0.27 is at least a 50% annual earnings growth, and they said subsequent quarters should be at least as good as this one. The seasonal nature of their handset warning is a wash, just acknowledging the nature of the business. The fact that pros like you are buying at this level is encouraging. Given the mo factor and the volatility in the market in general, I suspect we may get some pretty good bargains over the next few days or weeks.
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