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


To: SpudFarmer who wrote (39560)9/2/1999 1:58:00 PM
From: Michael  Read Replies (2) | Respond to of 152472
 
My friend Spudfarmer:

Reasonable p/e for Q is based on forward earnings forecast.
Take $4.00 and place a Nokia p/e of 40 to $4 and you get 160

That is the price where Q becomes value, in my humble opinion

Bought a few more shares this morning when Q dipped under 160

Only thing holding me back from buying more is,
the more important question of:
What is a reasonable percent of one's portfolio should be in Q?
Again imho, about 50% is max. except I do not sell any Q
when it rises to become more than 50% of portfolio.
This dip under 160, is therefore my last chance to buy Q
assuming Q does not plunge.

sure is a nice day
Michael