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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Jorj X Mckie who wrote (40150)6/19/2000 12:01:00 PM
From: The Phoenix  Read Replies (1) of 63513
 
Qcom has some solid support at 60. I'd say it's a screaming buy here.... both fundamentally and technically. 50 would be a 46 PE for this FY ending Sept... and a forward PE of 35 for a company with a conservative earnings growth of over 40%. I think 50 is hoping for too much. 60 feels very very right.

OG
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