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

To: gdichaz who wrote (37923)8/11/1999 8:08:00 PM
From: cfoe  Read Replies (1) | Respond to of 152472
 
To all: I just did a quick p/e calculation based on today's closing price and using the baseline earnings per Q's CFO of $.86/qtr. This works out to a p/e of 43.5.
Ignoring the recent market malaise (which ended today?), doesn't this look very low for a growth stock like Q.
What should a company like Q command in terms of a p/e? Cisco's p/e is 100; moving Q to 60 =s 200+....Comments please.


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