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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST
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To: Jim Mullens who wrote (125959)12/11/2002 10:05:07 AM
From: Stock Farmer  Read Replies (1) of 152472
 
Yes, yes.

You are avoiding the question with rhetoric.

Now, how about answering it: you say PE now is 35. You say PE will increase to 64. Why?

You think it makes sense that a growing company's PE will INCREASE as time goes by?

Or since you seem to find PEG ratios useful to rationalize things, maybe explain to us here why the company should have a PEG in the future that's HIGHER than it is today,

[EDIT: or future long term growth rate that's higher than it is today, in case the implied assumption on my part that this is rediculous turns out to be what you expect]

John
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