Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.99

-0.5%

3:45 PM EST

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To: Maurice Winn who wrote (15535)	9/26/1998 1:47:00 PM
From: kech	Read Replies (2) of 152472

All- (Dan Bardineau of ERICY fame included) -Last September there was a discussion with people on the ERICY thread about what was a better buy, ERICY or QCOM. At the time, QCOM traded at a multiple of 1.2 X the ERICY price. Well it is a year later in September, and though we probably expected to be doing this comparison in the triple digit range :-) for both, alas, here are the results. Current ERICY price is 19.5, multiply by 1.2 is 23.4. The stock split 2:1 so it is 46.8. Throw in a $1 dividend and it is 47.8. Compare to the Q at 51.5 plus a $2 dividend from LWIN and its price is $53.5. Well QCOM didn't get to $80 in October (so far) but it did beat ERICY! Sometimes smaller, faster, and smarter is better than bigger, slower and ..., but not always. Shall we do it again for Sept. of 1999? Current multiple of QCOM to ERICY is 2.64.

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