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


To: limtex who wrote (70475)4/13/2000 9:31:00 AM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
i never read Cramer, prefer comic books. LoL! eom.



To: limtex who wrote (70475)4/13/2000 9:50:00 AM
From: waverider  Respond to of 152472
 
Lordy!

Just remember when Q had a ridiculous PE a year ago and people were saying it was overpriced. Maybe, maybe not...but it's PE then based on current earnings is below 10. Look a year out and what do you see? A PE of 200 now means nothing. Look forward and what do you see...for Q's prospects? Forget Mr. Market. We can't control that. But we do know we've got a tiger by the tail and that gloom is deepest at the bottom.

Good luck.

<H>



To: limtex who wrote (70475)4/13/2000 9:51:00 AM
From: CRay33  Read Replies (1) | Respond to of 152472
 
lim - not to nitpick, but how did you figure a P/E of 200 for Q?

FY2000 average estimate is $1.05 125/1.05 = 119 P/E

Maybe it's the current gloomy state that makes us all look at trailing P/E rather than current or future.

Just trying to make everyone's day a little brighter.



To: limtex who wrote (70475)4/13/2000 12:09:00 PM
From: gc  Read Replies (3) | Respond to of 152472
 
Don't listen to Cramers. Listen to me. I am in Q big time this morning. Read my lip. This is the bottom. This is it.



To: limtex who wrote (70475)4/13/2000 7:08:00 PM
From: Mark Fleming  Read Replies (1) | Respond to of 152472
 
Regarding Jum Cramer: I remember a time just before the market began rising after the October '98 slide that Cramer wrote a piece on how he sold everything and that the bear market was here. I swear it sounded like he was crying. Well, within just a couple days the market began its rise.

Let's hope he's still a great contrary indicator.