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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%3:59 PM EST
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To: maxgo who wrote (90549)12/20/2000 12:02:18 PM
From: Uncle Frank  Read Replies (1) of 152472
 
>> From a fundamental perspective 55 would be a PE of 65 on past 12 months earnings (.85/share after subtracting investment income).

I wonder if he also eliminated losses from discontinued operations and one time events when he computed p/e. Fairs fair.

Besides, ttm p/e isn't very useful as a metric to predict future valuation.

uf
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