The New QUALCOMM - Coming Into Buy Range Message Board

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Technology Stocks : The New QUALCOMM - Coming Into Buy Range

QCOM 168.06

0.0%

3:59 PM EST

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To: manalagi who wrote (2344)	11/27/2007 10:00:39 AM
From: limtex	Read Replies (3) of 9129

mana - Now that its back in the $30s the question is what if anything can get it back over $40? How many false dawns in the last three and a half years and now with the market worrying about recession the combination of Q and a market correction not good for net worth. It wouldn't have been so bad had Q joined in a little of the NAZ gains but now there is no fat and worse still its got a P/E in the upper teens a bit high in this kind of market. Even the recent wins in court haven't strengthened it. Its hanging on by its fingernails with the market up. Mid $30s this week? Best, L

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