Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 168.08

+1.8%

12:59 PM EST

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To: The Reaper who wrote (70489)	4/13/2000 6:47:00 PM
From: limtex	Read Replies (3) of 152472

kk- Where is Batapaglia???????? Help OK Cramer is right this time. P/Es are in fashion again. .coms ...I just over looked that Phone.com has .com at the end of it. I thought of it as a sort of companion to the Q and helping stimualte the market but just take a look at itts valuation. Market cap of $4bn and revenues of $31m. Broadcom. Take a look at that... a market cap of $30bn or thereabout and revenues of $500m and OK a growth rate of over 130% but even so $30bn. We have all been in a trance. I used to think that all the doom-mongers on CNBC didn't know what they were talking about. One of them last week said to get the hell out as that was the highest the market would get. I laughed.. I thought he was just another talking head. Well maybe he didn't really know any more than any of the rest of us but he has been right on the button. Can't remember his name.. youngish fund manager..last week on CNBC. Many peoples portfolios are devastated and Greenspan shows not the slightest inkling of easing up his attacks. I never thought that I would live through a real market crash but this is it this time. Not a sliver of good news around and its now second only to 1929....great. PLs tell me why there should be any serious buyig interest over NAZ 2,500. One of my colleagues was going on at me a few weeks ago saying that the NAZ had to fall to 2,500 and I laughed at him. I'm not laughing now. Best regards, L

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