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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: Jenne who wrote (2961)11/4/1999 7:46:00 PM
From: uel_Dave  Respond to of 13582
 
<<so we are raising it to $305 a share which is 60 times our estimate for fiscal 2001 earnings>>
Ok, is this the target in the next 12 days, 12 weeks or 12 months?

<<James Glassman in "Dow 36,000" thinks that 100 PE's are
reasonable today>>

If that is true, then a fair market price for QCOM is between $500 to $550