CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST! Message Board

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Technology Stocks : CDMA, Qualcomm, [Hong Kong, Korea, LA] THE MARKET TEST!

QCOM 174.01

-0.3%

3:59 PM EST

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To: Chris Reeder who wrote (303)	7/23/1996 8:43:00 AM
From: Ramsey Su	of 1819

Chris, just a suggestion looking at PE for a company like QCOM is a worthless exercise at this time. Take a look at a post by Allen Benn on the Wind River thread under software. Great explanation on PE. But just for argument sake, so what if QCOM's PE is 100, growth rate is 140%. I will take that spread anyday. Of course, neither will last. By the way, just heard QCOM mentioned on CNBC. Joe K said .02 v estimate of .03, ho-hum no big deal style. I don't think QCOM will be moved by the media today and that should be good news. Ramsey

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