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

To: MileHigh who wrote (64968)	1/28/2000 2:24:00 PM
From: marginmike	Read Replies (4) \| Respond to of 152472

I agree MH, on many occasions I was run of, as was LG whom I repect.

To: MileHigh who wrote (64968)	1/28/2000 2:47:00 PM
From: The Reaper	Respond to of 152472

MH, I don't have a problem with someone coming here and giving opinions REAL TIME. Look at Dorsey. He came here, offered an opinion of the price action at that time, discussed it with posters and that was that. That's classy in my book. To come here and imply that you were a hero (not you, but Winston) and now call for a bottom at 85 is not only irresponsible, but in bad taste. Where was he at the top telling the thread what his intentions were? kirby

To: MileHigh who wrote (64968)	1/28/2000 2:54:00 PM
From: jmanvegas	Respond to of 152472

MH: Just do your own thing - no one is a guru here - no one. Take these threads and individual postings with one big grain of salt. Good luck to you. jmanvegas

To: MileHigh who wrote (64968)	1/28/2000 5:01:00 PM
From: 16yearcycle	Read Replies (2) \| Respond to of 152472

Some simple things we can probably all agree on to keep in mind at a time like this: 1. At 200, Q was 2x the 50 day moving average, which certainly put it well into the over bought range. 2. At 200, Q was at 175 times current years e estimates, with a growth rate, according to management of about 50%. Again, red lights were flashing. 3. At 100, Q is now selling at about 83 times this years e. Not high at all for a 60% grower. 4. At 100, Q is selling at about 55 times next years fiscal e. And next year is beginning in October. By the end of this year, Q could go up 70% from here and only be selling at 100x fiscal year earnings. There is always a lot of woe associated with huge paper losses. But the appropriate response now is to start buying, very carefully. If this gets catastrophic, like Q gets to 70, it will be insanely undervalued. By ready to take advantage of it. It could happen. But Q will earn about 2.75 in 2 years according to managements guidance. Therefore anything much under 100 is going to work out very, very well. (not directed at anyone. this is when we need to review solid fundamentals)