Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.65

+1.5%

Dec 2 3:59 PM EST

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To: Thomas George Warner who wrote (20899)	1/6/1999 7:58:00 PM
From: gdichaz	Read Replies (2) of 152472

The base for earnings in the last quarter is 68 cents. So even holding earnings absolutely flat leads to $2.72. Are completely flat earnings likely in the next 3 quarters? Even modest growth leads to $3 or more and a PE of 20 to a stock price of $60. Does a PE of 20 seem likely for the Q? If PE is higher, price should be over $60. Let's see what happens. Chaz

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