Gorilla and King Portfolio candidates - Moderated 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.

Strategies & Market Trends : Gorilla and King Portfolio candidates - Moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Mullens who wrote (179)	10/30/2003 12:21:12 PM
From: Knighty Tin	Read Replies (1) of 2955

Jim, Qualcom is at 53 times trailing 12 and even those numbers are mostly pixie dust. They aren't hard numbers in any way. Growth on future numbers is a mug's game. Those numbers often don't happen. I am showing $1.39 on my earnings forward SWAG from First Call, but that's from now, not from Jan 2004. I like the co. It has more potential that Rambus did at this point in its development. But 53 times seems high for any stock. The way I would value this stock is to factor in reasonable growth vs. the risk and decide if I am more correct about the firm's outlook than the Chairman of the co., who is selling stock right now at these prices. So, I like the co., but well remember all of the panic selling that has taken place in the past and am willing to give up some potential upside for a better re-entry point. Here, I would only play it with long calls, keeping most of my powder dry. Do I know other cos. with similar growth potential? Sure. They also have very high risks and most of them are also wildly overpriced. Qualcom is far from being the worst offender in that regard. At least it has a great business.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next