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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: pinhi who wrote (6355)	2/22/2002 1:07:46 AM
From: Boplicity	Read Replies (3) \| Respond to of 13815

The rule was at one time was 1 to 1, % growth to PE. QCOM has no growth right now, so your paying for the future. The future for the Cell industry is tainted right now. So, if you buy QCOM, you have to hold through the sorting out phase. The coming consolidation, 3G build out and migration paths need be clearer, and if the need for 3G is really there. It's really hard to play in the sector that has cloud over it, even if your baby has all the right things going for it. I like to buy in to areas that have confirming plays in it. Ask yourself this question. What other stocks will confirm an advance in QCOM? I can't find any. That said. QCOM going into the 20's will bring out many supporters. IMHO. I could see a double from 25. I know that is counter to what I just said, but price is the only thing going for QCOM right now. b