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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.30-2.6%3:37 PM EST
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To: marginmike who wrote (27463)4/19/1999 3:21:00 PM
From: LindyBill  Read Replies (1) of 152472
 
if a company has a 35 growth rate then its worth 35 times earnings.

Used to be, lately it's been double. You can argue forever with people on these threads about this. ( And get nowhere, of course!)

A lot of us think a "Gorilla" like Qualcomm, who will be the "rulemaker" in this business, is always undervalued by the market and should carry a higher PE.

All of the is "Gas", of course, the market will decide what the company is worth!
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