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

To: waverider who wrote (89120)12/5/2000 9:25:31 PM
From: 16yearcycle  Respond to of 152472
 
"nothing is really new here except the Street's awakening."

Not only that, we have gotten very expensive compared to trailing earnings/and growth and other tech. I won't chase it here, but I won't sell either.

The rationale for much higher prices would be a pe of 100 based on the 1.40 we can get in the next year. It could happen(pe expansion), but it's a bit......premature. I still think new highs in 2002, but after the midpoint. I will be ecstatic to be wrong.

I have more fun thinking about 2004. I can see calendar year earnings of 5 bucks, and a price of 400+



To: waverider who wrote (89120)12/6/2000 12:05:57 AM
From: freeus  Read Replies (1) | Respond to of 152472
 
Thank you.
PM me your phone number: next time I'm tempted to sell at the low maybe you can offer moral support.
I bought some QQQ April options this a.m. and now have stopped, no more buying anything for the time being.
You are right of course: I was scared before and am euphoric now and considering the Naz is still 40% off it's high there is nothing much to be ecstatic about.
But it was a delightful day!
Freeus


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