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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 176.12-1.8%Dec 16 3:59 PM EST

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To: radames who wrote (25704)4/1/1999 12:45:00 AM
From: blue_lotus  Read Replies (1) of 152472
 
Hi radames,

I think you gave up too early. Specially, if you have had the patience to have waited for the last 4 years...to quit now when things are finally falling in place.

> see a reasonable price range of 85-105 the price it was before the recent ridiculous surge..

The BT Alex report estimates 2000 earnings to be $4.35,
i.e. QCOM shall be making $4.35 by Sept 2000. (17 months from now)

QCOM is trading at less than 30 P.E. of next years earnings with an extraordinary Growth Rate. It has a less than 1 P/E to Growth Rate ratio. It is also finally showing up on the all radar screens.

-Raj
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