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

To: Uncle Frank who wrote (55398)	12/21/1999 10:21:00 AM
From: 16yearcycle	Respond to of 152472

Uncle, you have earned the right to say anything and everything you want,long ago. I am just sitting here shaking my head in disbelief. I spent all summer pouring over projections and trying to find folks here to review rev models together, using asics projections, trying to determine what pe's could be applied, how big were some of the different markets, etc, etc. I figured 475 as the absolute high....in 2000. Hey we were at 130 when I was doing this, and I would have been silly with joy for those targets to be reached. Now, we have mostly had a pe expansion, as I have 1.15 for this quarter(higher than anything I have seen), but if we are going to do the 100 forward pe thing that Q seems to want to do, then Q will hit 850 in 2000.