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

To: marginmike who wrote (103956)9/6/2001 3:23:31 PM
From: Jordan Levitt  Read Replies (2) | Respond to of 152472
 
Mike,

I think that you make a good point about the just how quickly earnings expectations can change, especially in this environment. However, I think that this management team stands heads and shoulders above the group at Broadcom.

I also feel that there is a better chance of the wireless buildout resuming than there is for the communications chip sector.



To: marginmike who wrote (103956)9/6/2001 4:17:34 PM
From: Sawtooth  Read Replies (1) | Respond to of 152472
 
<<PE's are irrelevent because they are based on estimates that can change for better or worse.>>

Except that, and especially these days, people make stock buy/sell decisions based on reported PE's. Relevant or not, the PE offers one measure or perception of value.

Which was the essence of my question to Jacob; will Qcom go down in this heavy bear market because it is perceived as "priced too high"?

.....VVVVVVVVVV


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