The New Qualcomm - a S&P500 company Message Board

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Technology Stocks : The New Qualcomm - a S&P500 company

QCOM 151.59

-0.4%

Jan 30 9:30 AM EST

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To: jmac who wrote (10508)	5/20/2000 9:57:00 PM
From: puzzlecraft	Read Replies (2) of 13582

Regarding the estimate of 110 PE on estimated 2001 earnings at the end of year 2000, the post also mentioned that this meant a price of $324 a share by year-end 2000. If the author chose to use a post-Nasdaq correction valuation PE of 50 based on foward year 2001 earnings, that would mean a year-end 2000 price of $147, something I'd be happy with given the current situation - as $147 would be almost 65% above the current depressed price and the PE well in line with the growth rate going forward.

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