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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%3:59 PM EST
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To: Stock Farmer who wrote (119060)5/21/2002 3:32:22 PM
From: Clarksterh  Read Replies (2) of 152472
 
And so it will pretty well render such ratios as PE and PEG somewhat meaningless. Really one would need to compute P = (PE - PD) because Earnings will follow one curve while Dilution Cost will follow another one.

Thanks you for agreeing with exactly one of my points. It obscures earnings to try to combine two very very different kinds of beasts. The whole point of earnings is to be simple. Cash flow, ... may have to be complicated but ... .
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Clark
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