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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 173.96+1.4%3:59 PM EST

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To: CRay33 who wrote (73959)6/16/2000 3:22:00 AM
From: GST  Read Replies (2) of 152472
 
I am reluctant to be viewed as an H&Q apologist, but the earnings expectations are NOT the issue -- the issue is the growth rate this year and in coming years. If the growth rate is coming down, so should the pe. Personally, I think you have a good point that H&Q is losing credibility, but don't blame the earnings reassessment because that is not the issue.
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