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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%3:59 PM EST
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To: Gregg Powers who wrote (27704)4/21/1999 3:24:00 AM
From: LindyBill  Read Replies (2) of 152472
 
Gregg:

I am seriously thinking about "pulling the trigger" on my AOL and adding it to my QCOM stake in the morning.

That would bump me from 40% to 60% in Q, with 25% in Cisco and 15% in softy. I would be down to "The Three Gorillas".

Looking at that 'Pro Forma" 1.20 this quarter, and projecting with no more write offs and no more drain from the sold division, are we looking at projections of an annualized $7.00 for next year?

If so, that means, at a 50 PE, a 350 price. (If you want to "dream on", a 490 price at 70 PE)

I would like to hear from some of you "number crunchers".

LindyBill
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