Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (25)	7/22/1999 1:19:00 PM
From: Caxton Rhodes	Read Replies (1) \| Respond to of 13582

Yes I have a hard copy of the whole thing. But you don't have a fax. Caxton

To: Ramsey Su who wrote (25)	7/22/1999 1:33:00 PM
From: moat	Respond to of 13582

Ramsey, About the H&Q analyst (and others); you may find the following useful. The article talks about how to view the street after a major event (e.g. Ericsson deal). On behavioral psychology, investing and Qualcomm. According to the article below it will take Wall Street five quarters to price Q correctly. A quote from the article (regarding behavioral psychology and investing): "So how does it work? In making selections for the growth fund, Fuller bets that stock analysts and investors usually underreact to permanent, positive information for growth stocks. That's because analysts consistently lowball their estimates when a company is turning the corner, because they're "anchored in their existing views of the company's prospects." In fact, in Fuller's experience, it takes Wall Street about five quarters to catch up with a company's prospects." Read the full article here: interactive.wsj.com IMO, this stock is marching toward run-rate EPS $5 x 50 p/e, or $250/sh, by mid C2000. That would be five quarters.