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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (11657)	2/23/2001 5:36:08 PM
From: Logain Ablar	Read Replies (1) of 30051

Zeev: I think the naz 100 is 47x earnings but this is the pro forma earnings not real earnings or real cash flow. The NAZ last I heard was around 140 (a couple of weeks ago so who knows now). When you give your QCOM @ $135 is this for after the Aug - Oct time frame or before July? I have a friend caught in emc. If you have a chance in the next few days can you provide some upside targets on the next up move. I have $34 as pretty good support with resistance now @ $50 but not sure from there. Of course I would first expect a retest of the recent $35 before a chance of breaking $50. Thanks Tim

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