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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 182.22+3.5%3:59 PM EST
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To: qveauriche who wrote (114498)2/26/2002 7:55:42 PM
From: sea_biscuit  Read Replies (1) of 152472
 
...but IMHO one
issue (which incidentally was the issue initially and repeatedly harped upon by Dipy and friends) has been disposed of as of yesterday, or at
the latest will be disposed of at the April cc. That issue is growth.

First off, there is the question if the growth is real, or is just pro-forma (which means, growth as defined in "Alice in Wonderland"). Second, even if there is REAL growth, what are the valuations with regard to that growth rate?

I think the claims of growth are the usual pro-forma nonsense and the real growth numbers will show that the valuations are sky-high. This is still very much the QSAND it was at 60 or 90 or 120 or...
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