Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 170.90

-1.3%

Nov 7 9:30 AM EST

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To: Roger W. Bowen who wrote (29125)	5/4/1999 3:26:00 AM
From: LindyBill	Read Replies (1) of 152472

could we get into a discussion as to 'reasonable valuations' for the Q Start off my remembering that one man's "investment" is another man's "speculation". The stock is worth what people are willing to pay for it, no more, no less. So all the numbers you can read are really just justifications for buying or selling. You will have to do your best guess, like the rest of us! With that said, go to the "Mike Buckley" profile and read his posts on Qualcomm in the Q thread and the G&K thread. Others will give you other people to check for "DD". Read the "George Gilder" archives on Q for the story and the tech background. I believe that this stock is going to sell for at least 80 times projected next years earnings. That means it should go to between 320, at $4, to 560, at $7. I would take a major change in the story for me to sell any Q in the next 5 years. LindyBill

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