Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.80

+0.3%

3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug who wrote (3179)	7/29/1997 11:04:00 AM
From: Doc Savage	of 152472

Hi Doug, this stock is a dog! Due to Qualcomms relatively small size and dramatic revenue and profit growth combined with the fact that is is the CMDA technology leader, I feel that a much higher PE is justified. These guys are the MSFT of the telecommunications business. However, QCOM remains to be a dog, I feel that it should be trading in the $70 range. I play QCOM as a rolling stock and have been pretty successful as when it is up, it always goes down and when it is down it always goes up. Right now, I am long and betting that it will approach $60 within a month in which case I will probably go short! Sooner or later though, this dog is going to jet. As a side note, I think the Qualcomm stadium deal was brillant. I am a Padres fan and I see that Qualcomm logo on TV everytime a pitcher pitches a pitch. It is literally burned into my brain and it isn't even football season yet. I think that Qualcomm got about a jillion dollars worth of advertising for 18 million. After the Super Bowl, half the world will be familiar with the Qualcomm name!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next