Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.50

-2.0%

11:30 AM EST

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To: Joe NYC who wrote (19360)	12/8/1998 7:15:00 PM
From: space cadet	Read Replies (3) of 152472

Hi people, I'm new to qcom and this thread. I've read the last few posts about the reason for today's weakness. My question is more basic: given the excellent position of qcom technically and the fact that a lot of hi-tech stocks have doubled, and even giants like msft and intel are up by 50% why has qcom not participated in this widespread rally? As a result, qcom is looking quite reasonable, with one of the lowest p/e's around of any "name" tech company. I would like to understand why it hasn't zoomed along with the Nasdaq to see if it is a good buy here, or if the smart money knows something that everyone else doesn't. Right now qcom looks pretty good to me.

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