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

To: CRay33 who wrote (73959)6/15/2000 8:28:00 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 152472
 
Snyder looks almost young enough to be my grandson. But my grandson makes more sense.



To: CRay33 who wrote (73959)6/16/2000 12:08:00 AM
From: JGoren  Respond to of 152472
 
The market has reassessed PE ratios, but unless H&Q already is on record that the stock market or the tech stocks or even the telecom segment will be down by 28% a year from now, the target price mentioned has no basis when, at the same time, the report apparently classified Qcom as "market perform."



To: CRay33 who wrote (73959)6/16/2000 3:22:00 AM
From: GST  Read Replies (2) | Respond to of 152472
 
I am reluctant to be viewed as an H&Q apologist, but the earnings expectations are NOT the issue -- the issue is the growth rate this year and in coming years. If the growth rate is coming down, so should the pe. Personally, I think you have a good point that H&Q is losing credibility, but don't blame the earnings reassessment because that is not the issue.


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