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

To: LindyBill who wrote (38267)	8/19/1999 11:41:00 AM
From: John Hayman	Read Replies (1) \| Respond to of 152472

Lindy, O well, ok, if we have to settle for 468, so be it. Life is getting more and more depressing!! Hey, I will settle for 268!! John

To: LindyBill who wrote (38267)	8/19/1999 12:37:00 PM
From: Michael	Read Replies (2) \| Respond to of 152472

My Q friends: <On 5.85 earnings, 80PE times 5.85 earnings = 468 price, with a market cap of 73 Billion.> My projection for 12/31/00 is a 300+ stock price for the mighty Q. I look for QCOM to "manage" earnings, management will try to cap quarterly growth of pro forma earnings at 20%. Just one person's opinion. sure is a nice day Michael

To: LindyBill who wrote (38267)	8/19/1999 1:15:00 PM
From: 16yearcycle	Respond to of 152472

Lindy, I love your numbers but I have to think they are unreasonably high, imho. .86x4 gives us a current e pace of 3.44. If q grows at 50%, in a year it would be at a 5.16 e pace. A pe of 50 would give a price of 258. The whole problem, as we all know, is that we can't predict e or pe well on something exploding like this. The e could be 1.40 in a year(for that q) but a pe of 70 on that pace could be attached. 5.60x 70 is 392. 392 is a lot higher than 258 ;>) We are better off focusing on 5 years from now and watching the fundamentals strengthen, hopefully, in the meanwhile. ps: I know you were just having fun and ALL the numbers look like fun to me!

To: LindyBill who wrote (38267)	8/19/1999 1:36:00 PM
From: Caxton Rhodes	Respond to of 152472

Lindy- I like the analysis. I think investing wise, aggresively is 40 times earnings which cuts those stock prices in half. Still an excellent return. Instead of thinking of trading the same as cisco, I prefer to think of it as buying at 1/2 of cisco's price. I think it will be 3-4 years, if ever, that average joe investor thinks of Qualcomm and cisco as equivalents. Right now, joe individual investor thinks internet builders = cisco. It'll be a while before the same joe equates wireless phones = qualcomm. JMHO. Caxton