Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Skeeter Bug who wrote (95104)	3/2/2001 1:30:38 PM
From: puzzlecraft	Read Replies (2) of 152472

I'd put a no EPS growth company at a PE between 6 and 12 varying by interest rates. MSFT has already fallen from 115 to 57 7/8, like I said most of the bubble is "in". Re: dot bombs equipment for sale, no big thing in the long run, technology continues to evolve anyway. What about the millions of IBM PC's, XT's, AT's out there? - land fill now. As to the largest bubble in "history".... major... but not a zero instrinsic value thing like the Tulip Mania. The internet infrastructure is real and IT is still growing. I recall when the Dow dropped 22% in a single day in 1987, people were saying this was the worst in history and the technical crowd was chortling at how well the chart overlapped the 1929 crash and predicted all kinds of gloom and doom on TV, newspapers, etc. - turned out to be just a minor bump.

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