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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (52758)6/1/2000 2:45:00 PM
From: shamsaee  Read Replies (1) | Respond to of 99985
 
Haim you did not do what I asked.I don't read the WSJ and try not pay attention to noise as todays media is 90% noise 10% content.

Qcom is a outstanding company, who very one knows about by now for it meteoric rise of last year.Take a peak at their financials then,I will be more than happy to listen to your argument of overvalued.



To: Haim R. Branisteanu who wrote (52758)6/1/2000 10:25:00 PM
From: marginmike  Respond to of 99985
 
Haim that is an ignorent response. Qcom has arround a 50PE(2-2) and a 35 forward based on very conservitive estimates. They have 2-3 Billion in cash an another Billion in equities. Their growth is based on a very transparent royalty stream. I wont say its dirt cheap but at worst its at fair value at a 1PEG. Please do a litlle DD before making ill thought out remarks.