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

To: MileHigh who wrote (65063)	1/28/2000 7:28:00 PM
From: 16yearcycle	Respond to of 152472

Yep. Should be .30 then .34, which is still aggressive but I think we'll get 1 upside q at least because they are really trying to squeeze expectations down. You're right. The problem with a "crash" like this, even if it gets the price in line fundamentally, is that we no longer can trade up on speculation. The company must deliver. But this is why anyone should have invested in it in the first place. Not in my wildest dreams did I expect to have a run from 120-1600. The current 880 is not too bad! And we can now see, using classic valuation techniques, it does indeed deserve a (post splits) price of at least 82. A year ago we would have begged for that.(a 7 bagger in 12 months). We can expect to now grow in the long run, at the pace of earnings. We just need that 50-60% growth.