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

To: Caxton Rhodes who wrote (10506)	5/20/2000 8:26:00 PM
From: The Verve	Read Replies (1) \| Respond to of 13582

Qualcomm Link Shrine ultimate.org Verve

To: Caxton Rhodes who wrote (10506)	5/20/2000 8:55:00 PM
From: jmac	Read Replies (1) \| Respond to of 13582

I haven't posted in months. I am still long QCOM although trading in and out of this stock over the past 4 months probably would have made me more money or better yet, selling it on Jan 3. I read the raging bull post. My only problem with the analysis is that the author applies a 110X earnings to get to a stock price. If I am correct, htis 110X earnings is equivalent to a PE of 110. I read it pretty quick (real quick). I don't believe that any stock is going to be afforded a PE of 110 after this NAZ correction is over.