SI
SI
discoversearch

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 159.40-1.2%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: qveauriche who wrote (134726)7/15/2004 2:48:52 PM
From: rharshman  Read Replies (1) of 152472
 
Excellent analysis. One of the problems, I fear, is that analysts do not have the stomach for projecting more than the company guidance provides. Remember what initial company guidance was for fiscal 2004?

IMHO A repeat performance can be expected in fiscal 2005 from management, analysts and then actual earnings performance.

You are dead right that the current multiple cannot be justified by current projections (or anticipated guidance.)
So most of the buyers must have their own projections. I stuck my neck out earlier today with a 2005 EPS estimate.
What is yours?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News