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

To: Peter J Hudson who wrote (39219)	9/1/1999 11:20:00 AM
From: Richard Tuck	Read Replies (1) \| Respond to of 152472

Peter, The difference between now and Aug. 20 is that it appears that there are some fundamental limits now on Q's earnings. Until today many people were thinking in terms of FY2000 earnings of $5-6, but now I think it's more like $4.50. At a P/E of 40, where we are pricewise makes sense. Without this mornings reports we were headed to 250. The Q story is still a great one and hopefully any negative fundamentals will be temporary. Richard