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Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: marginmike who wrote (10438)5/19/2000 9:45:00 AM
From: Peter J Hudson  Respond to of 13582
 
Mike,

>>Peter I dont know what type of "Stuff" your smokin but Qcoms PE was in the 50-60 formost of 97-99 and as low as 29. So please "just the facts" we can do without the fiction.<<

I wasn't smoking anything, but kinda wish I was. My point is that QCOMs current PE is not high relative to what it has been in the past.

EPS 1996 .04
EPS 1997 .17
EPS 1998 .20

These numbers are from Qualcomm's web site. Obviously the price fluctuated during this time, but we rarely saw a PE lower than we have today.

I can't predict what the market is going to do, but QCOMs fundamentals have never been better. Just the facts.

Pete