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Technology Stocks : Qualcomm
QCOM 179.00+0.2%1:08 PM EDT
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To: Jim O'Brien who wrote (31)7/25/1996 6:42:00 PM
From: mike plakosh   of 68
 
I think long range Q is a good oportunity. However with their current & projected next 2Q earnings 0.02 x 4 qtr = 0.08/yr low and lets say 0.30/yr high. With a P/E of 100 that gives a price range of $8.00 to $30.00.

I can see support in the low 30's and hope to buy back in then for the long haul.

Good Luck,

Mike
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