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 163.33-1.0%Nov 25 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Vayda who wrote (15053)9/16/1998 10:05:00 AM
From: Jon Koplik  Read Replies (1) of 152472
 
To all - regarding CIEN (and TLAB and KO and G and, of course, QCOM) -- whenever I am doing my initial 2 minute-long peek at a company's "numbers," I always look at revenues very closely, since earnings absolutely can be faked (excuse me, "massaged") with things like one half of a derivatives transaction being closed out early.

With the first four companies above, my reaction upon seeing the numbers was "are you kidding?" Well, the first two have now "crashed and burned."

I still suspect that the third and fourth will also.

Regarding QCOM, since it is still trading at roughly one times sales, I don't think anyone need "lose any sleep" worrying about an "excessive valuation level."

Remember (as someone once said to me), even if QCOM remains valued at one times sales, the share price should go up at least 70% a year or so.

Jon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News