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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: donald sew who wrote (9333)6/17/2001 12:51:46 AM
From: waverider  Read Replies (1) of 52237
 
Don, the important thing to consider about QCOM is that the PE you mention is really not relevant since it reflects the G* write off and not future earnings. Assuming they will make at least a buck in the next 12 months...not unreasonable...you are currently looking at a 50 PE stock at current prices. Certainly not cheap, but more realistic than the 600+ number.

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