Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 177.84

-0.2%

11:54 AM EST

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To: JGoren who wrote (95735)	3/14/2001 10:10:39 PM
From: jazzcat2000	Read Replies (3) of 152472

Why does Piecyk always get ripped for his $1,000 target??? His target price was pre-split, so in effect his target was $250. Q traded at about $205 post 4-1 split, very early January 2000. This means that Piecyk's target allowed for about a further 20% appreciation over the next 12-18 months. This guy "championed" Q when few others did. I don't think his target was so unreal. How many other analysts had "out of sight" price targets during that same time period and they missed by a lot more than Piecyk. Is it just the fact that his target was 4 digits ?? I don't think too many people realize that his target was "pre-split". What the hell am I missing??

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