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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.00+0.4%Dec 9 3:59 PM EST

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To: jazzcat2000 who wrote (94141)2/21/2001 5:06:42 PM
From: Rajala  Read Replies (1) of 152472
 
>annual earnings per share which is something like
>$1.24 for the current year. Actual PE currently is
>about 60.

Hmmm... very interesting. So the "actual PE" is calculated for the current year. As the current year is now, let me check my calendar, hmm yes at around February, it means that we still have 10 months to go.

In other words we have to work the Chinese deals into the "actual PE" also (as anyone who has followed this thread the past 6 years knows the next big juicy Chinese deal is just around the corner).

After doing the math I have arrived at the "actual PE" of mind-bogglingly low 0.26 Obviously the stock is severely undervalued and any talk about Q´s real PE being 500+ is pure eurocommunist propaganda.

- rajala
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