SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: Labrador who wrote (35846)7/19/1999 6:13:00 PM
From: puzzlecraft  Respond to of 152472
 



To: Labrador who wrote (35846)7/19/1999 6:16:00 PM
From: JohnG  Read Replies (1) | Respond to of 152472
 
HOLY Cow--This is an $0.86 vs 0.60 or up 43% blow out.
Tomorrow will be a big day after the confusion clears.
Up $20 to $50.
JohnG



To: Labrador who wrote (35846)7/19/1999 6:16:00 PM
From: mmeggs  Read Replies (2) | Respond to of 152472
 
My imagination, or did they just endorse $3.50 a share range for 2000? Just curious, given that current consensus is $2.86...<g>




To: Labrador who wrote (35846)7/19/1999 6:24:00 PM
From: Uncle Frank  Read Replies (5) | Respond to of 152472
 
>> 86 cents is the comparative number

OK, Labs, let's see if I got this right:

earnings - one time events - losses from discontinued operations = .86

If you multiply that by 4, you get $3.44. Factoring in very conservative growth, you get forward earnings > $4.00. Using the 50 p/e justified by current growth rates, that should equate to a price of 200 in the near term future.

Comments?

Frank