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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 161.74-1.7%2:24 PM EST

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To: Sawtooth who wrote (27212)4/15/1999 8:15:00 PM
From: Peter J Hudson  Read Replies (1) of 152472
 
Tim & others,

In defense of this guy running the value fund that says he would never buy Q now. His fund was smart enough to realize the value of this company when most didn't "value". At current valuation the Q's earnings are discounted into the future "growth". He is running a value fund and has a responsibility to his clients to invest in companies that meet the value criteria. I didn't read any negative comment about Q. He didn't say he would sell. Just said he'd not buy at these levels.

Pete
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