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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Ruffian who wrote (33591)	6/29/1999 1:50:00 PM
From: J.B.C.	Respond to of 152472

Michael, 75-82?????? Stock price or whisper earnings? Actually, I find the whole concept of whisper #'s becoming ridiculous. It used to be that it was whether a company would meet or beat the analyst number, now they put that number out there but it is inconsequential, "what's the whisper number?", and for a company to perform it has to beat the whisper, balderdash! Bottom line for this stock is going to be growth numbers, up 23% from a year ago for the last quarter. This company is going to grow big time over the next several years, and Mqrice is right, selling this stock at $134 is a bad idea unless your in for instant gratification. Michael, you and I have held this stock in the days "natural home in the 40's" which wasn't all that long ago, I'm prepared to buy more if this stock heads a little south. Jim