Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 172.72

-4.4%

3:59 PM EST

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To: George Gotch who wrote (26117)	4/5/1999 3:37:00 PM
From: marginmike	Read Replies (3) of 152472

George saying the stock is up alot so it will go down is not an argument. The buying in Qcom is not a mania. It is trading right now at unrevised PE of 40 for next year. Is that expencive compared to its competition. Is it expencive compared to their eanings over the next years? Its not like Qcom is trading at 123 PE like Nokia. Who is a handset manufacturer without IPR protection, or even a good CDMA handset out. Frankly I think Nokia is way overvalued. I sold it at 90. Whats going to happen when Ericy and Mot start ramping up production? How are they going to maintain their margins?

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