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To: Terry Whitman who wrote (73278)11/2/1999 7:06:00 PM
From: pater tenebrarum  Read Replies (3) | Respond to of 86076
 
well, in the case of QCOM, while it's trailing p/e is pretty high, it does have rather stunning earnings growth and is no doubt a leader in an exciting field. so there's actually a stock the high valuation of which looks a bit more justifiable than that of some other hi-tech outfits where the valuations are mainly based on vague hopes rather than solid results. still, i get dizzy looking at that chart...