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.

Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Bruce Brown who wrote (16812)	1/30/2000 3:15:00 PM
From: slacker711	Read Replies (1) \| Respond to of 54805

If we look at the point of the technology adoption life cycle that Qualcomm is currently located (in comparison to the PC technology adoption life cycle of other gorillas), I do find it interesting that Qualcomm's PSR has dropped from the range of Cisco and Microsoft in the high 20's in late December/early Janauary down to 17.xx this past month. If Moore's comment (regardless if it comes from himself, Johnson or another source) that in a 'normal' market over the past few years Cisco and Microsoft had PSR's around 16 and up to 18-20 on the high end that we find Qualcomm sitting firmly in that territory now. Sorry I didnt jump in with this a little earlier (I was reading but wasnt really evaluating)....Where do you get a PSR of 17? The pro-forma revs for the latest quarter would have been around $680m. The run-rate on revs is then $2.7 billion.... Depending on if you use the total diluted or undiluted share count you get a PSR of either 26.8 (undiluted) or 31.9 (diluted)...... I assume you may have used the ttm revs....but isnt the run-rate (or the forward projections) the more applicable number to be used? Slacker