Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.06

+0.6%

1:50 PM EST

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To: marginmike who wrote (71665)	5/9/2000 10:59:00 AM
From: shamsaee	Read Replies (1) of 152472

Point taken.However It all boils down to your time horizon.I can understand protecting a part of your capital in the form of a fixed deposit,bonds and cash.However if you do not need access to a portion of that cash in the next year or two,Qcom at these levels will return a minimum double bear or bull market .Their PE will be considerably lower come July when they report and given growth accelerating going forward,I will go as far as saying its cheap at these levels. I fully understand the selling in the DOTCOMs and some other techs that were at PE of 300 and up.I just don't put qcom in that group.

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