Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

0.0%

Dec 24 12:59 PM EST

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To: waverider who wrote (113928)	2/21/2002 8:23:27 PM
From: marginmike	Read Replies (1) of 152472

wave undervalued and fair valued are subjective levels that change. What trully makes Qcom undervalued is having a benchmark to compare it to. AOL now has a 23PE Qcom could go to 8 in a real visious bear market. The problem herein lies is what is the market multiples going to return to. At 30PE Qcom in a fairley good market would be a good buy. In this type of a market it could be a good by, to your money. There is just no way to know. The fact is the Fundimentals have nothing to do with anything. The reality of the market and what multiples it will doll out is what counts.

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