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


To: gdichaz who wrote (40297)9/9/1999 10:02:00 PM
From: MileHigh  Read Replies (1) | Respond to of 152472
 
Thanks for your feedback!

I am listening to the Everen CC and I noticed something. They mentioned that "the universe of cellular stocks" is currently trading at 30X '00 est. EPS with a mean growth rate of 23%.

Q is trading at 43X estimated '00 EPS with a estimated compounded annually growth rate of 50%. Therefore, Q is trading at a discount to the wireless/cellular industry. If we took '00 EPS Est. of $5.00 and applied the same premium PEG ratio, then Q would be worth somewhere around $325.

Did I do the math right? I am sure you guys already figured this out, Q is actually cheap they said! <gg>

MileHigh



To: gdichaz who wrote (40297)9/9/1999 10:32:00 PM
From: JGoren  Respond to of 152472
 
Mark Roberts said about as much; the issue is not whether the handset division is wildly profitable. Even if the company bought a handheld pc type biz, wouldn't it still need the expertise in the handset division to exploit the wireless possibilities and marry the two?