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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.01-0.3%Nov 14 9:30 AM EST

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To: Jacob Snyder who wrote (78050)7/28/2000 9:51:18 PM
From: waverider  Read Replies (2) of 152472
 
Well, I'm not sure we can discount manias from happening EVER again in our lifetimes. I think that is bit of a stretch. If QCOM does begin to dominate wireless space as Cisco has the internet, then what do you say of a 100 PE then? Do you think Cisco is going to tread water here until the PE catches up (down) with the growth rate...or Cisco will crash to do so? I dunno Jake, the market has changed so much over the past 10 years. I think once this shake out is over...I'd say by the winter, we should resume our secular bull run that will give premium companies premium prices.

How about that?

Rick
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