Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 164.47

-0.4%

9:31 AM EST

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To: shamsaee who wrote (71655)	5/9/2000 10:39:00 AM
From: marginmike	Read Replies (3) of 152472

What JMAN is saying is that, though Qcom might be a great company the stock is stuck in the mud with the other NAZdaq generals. We are in a bear market, some here dont want to accept that. In time it will change and Q will be a great stock. However some time must pass for the damage to be corrected in the markets. The markets had discounted risk in Nasdaq wherein PE expanded to historic levels. That excess must be wrung out of the system. That is a slow process, and Q tradding at 100 PE is still at a 2 PEG which is not cheap(though I think even in a traditional market justified). The game has changed and people you must adjust your strategies.

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