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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 148.83+1.1%Feb 4 3:59 PM EST

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To: limtex who wrote (110329)1/7/2002 8:36:11 AM
From: Keith Feral  Read Replies (2) of 152472
 
Limtex - based on what? Check out the BS co's like CSCO & SUNW - they are supporting valuations much higher than QCOM with absolutely no EPS momentum. You have to realted QCOM's valuation relative to other companies. Based on the fact the company lost money last year & will make money this year, the stock looks very attractive. Compare this to companies like CSCO which lost money last year & may break even this year (or a couple pennies per quarter).

The bear market might not be ready to turn to a bull market but there is a real consensus the worst is behind us. If you want to wet your pants every day about the valuation, whey don't you find another forum. If you are that worried about QCOM taking a dip, sell your stock and reduce your exposure.
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