Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Dough who wrote (60024)	1/6/2000 10:08:00 AM
From: waverider	Read Replies (1) \| Respond to of 152472

Well Mark... I read your thingie. Welcome to the thread. Would you speak at the dinner party. One of our topics will be "How I lost my ass in the _____ correction, bear, etc., but Q made everything rosey again club"? We've all got those stories it appears. Anyway, your right about predictions. That said, Q is going to $250 this year :) Rick This will be my last post until we reach my price target! I'm going out with V for a canyon chat.

To: John Dough who wrote (60024)	1/6/2000 10:10:00 AM
From: Cooters	Respond to of 152472

<<We are all extremely lucky that QCOM has been "allowed" a forward PE of well over 100 >> Mark, Here's my view. The forward PE of 100 is based on voice-only, with maybe a tad of WWeb factored in for Sprint's rollout. QCOM's future is voice and data, or more accurately data first, then voice. At this moment in time, Q is incurring expenses to develop and test products for the data market, with no revenues to speak of. In light of this, I don't look at the 100PE as a gift from the market. I would become concerned when QCOM trades at a 100+ PE on earnings several years out which do take into account an explosion in wireless data worldwide. That price is way north of 150. Still way undervalued, IMHO. Cooters

To: John Dough who wrote (60024)	1/6/2000 10:14:00 AM
From: Boplicity	Read Replies (2) \| Respond to of 152472

Today's a day for sitting on ones hands. Until a get my chair I'm not doing that. <g> I'm going out to create some snow angles, do a little sledding, work in the basement, create havoc at the my store, and smile at the sun. Have a good one all. Greg

To: John Dough who wrote (60024)	1/6/2000 11:33:00 AM
From: SpudFarmer	Read Replies (1) \| Respond to of 152472

Mr. Trimarchi: I do agree with 99% of what you said, and yes I do remember your name from the past. You state and question with the voice of reason. But as many (so called experts) have said over and over, this market is unreasonable. >My question is: Will the market allow this?< As long as the market is into speculation, yes. It can allow much more. This is based on the assumption that earnings can exceed expectations. (Of course, you already knew this) This also assumes that P/E is still the benchmark of what a stock should be valued at. Everyone wants a winner. There are few around with low debt, high cash, high earnings, and the prospect for huge future growth, relative to the rest of the market. All this fuels high prices? Well, maybe it's just me. Again, everyone wants a winner. I saw it with MSFT, HD, Walmart, etc...so they can say, "I bought xyz at $10/share in 19--". So maybe it's not just valuations, but also bragging rights, and ego? Just my guesses... A very well thought out analysis of sentiment and reason. I've wondered the same things for Quite some time. I probably will continue to do so. One thing I do know, if QCOM does go to "more reasonable valuations", I'll have lost a lot of $$$$$, but will own a lot more shares! Good trading to all today. Q rocks, just a matter of time...