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

To: Boplicity who wrote (537)	8/4/1999 9:14:00 AM
From: quidditch	Respond to of 13582

MOT/I: Chase alleges event of default under I loan and demands MOT guarantee additional $300m of I* debt: story posted at following URL: Message 10816441 Regards. Liacos_samui

To: Boplicity who wrote (537)	8/4/1999 10:03:00 AM
From: DaveMG	Read Replies (1) \| Respond to of 13582

Gregory, I see QCOM going to 120s. Since you were certified as first mo-mo aboard I think your opinions re price action are worth more than most. Curious what the rational is for this prediction..TA, gut feel, experience, valuation? DMG

To: Boplicity who wrote (537)	8/4/1999 11:37:00 AM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 13582

A market where numerous stocks trade at historically unbelievable levels can certainly go down and affect virtually all stocks. I would be interested in whether your prediction of a price drop for QCOM shares is based on (1) fears of an overall market correction, (2) something fundamentally weak in QCOM near term prospects (the next six months or less), or (3) all of the above. When I look at the sound financial condition of QCOM, the rate of earnings growth, the rate of revenue growth from both product sales and royalties, the relationship of stock price to book value, and the price-earnings ratio, I fail to see why the stock would drop to 120. It is already far more reasonably priced than other comparable stocks in the group.