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


To: Jon Koplik who wrote (109926)12/27/2001 2:01:11 PM
From: Ruffian  Read Replies (1) | Respond to of 152472
 
even the million off-topic ones? lol!



To: Jon Koplik who wrote (109926)12/27/2001 2:11:58 PM
From: limtex  Respond to of 152472
 
JK actual when you think about it there was one fantastic year and quite a few not so good years. For instance in 2000 the stock basically halved and then it did the same thing in 2001.

It might do the same thing in 2002 if there is no growth in revenues or earnings. We need to see more than 20c eps in Jan or its going ot get whacked again. At least it ought to make 80c to 90c eps in Fiscal 02. With no actual growth a P/E TTM of about 30 on a big cap stock doesn't seem to bad.

Anyway its now the afternoon and people seem to want to get out in the afternoon these days as not many people seem want to go home holding any stocks. Investment means today being in a bit in the morning and then gettting the hell out as quick as you can after lunch before the mornings gains get wiped out by 4 o'clock and you never know who is going to issue some awful warning after hours leading to a massive gap down the next morning.

And now we bask in the warm glow of fund managers who will do anything to protect their bonuses but just wait till January wowah!

Best,

L