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

To: foundation who wrote (76246)	7/11/2000 5:23:14 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 152472

re: buying at 40 versus 50 is irrelevant. 150 (my 1/2003 target) X 4 = 600 (your target). 600/40= 15 times your original money. 600/50= 12 times your original money. 15-12=3 times your original investment=irrelevant???? Using my targets (which I consider more reasonable, because you have to assume an unreasonable PE or E to be at 600 in 1/2003): 150/40=3.75 150/50=3 So, my return is 75% higher. Still not irrelevant. Of course, if the stock bottoms at 45, then I make nothing on QCOM. That's the main risk I'm taking.