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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: cfoe who wrote (24974)7/25/2002 10:18:51 PM
From: Art Bechhoefer  Respond to of 197216
 
Irwin's statement merely confirms that QCOM is one of the best managed companies, looking out for shareholders. In terms of growth prospects, it remains the best long term opportunity available to individual investors.

By the way, did you notice that half of QCOM's book value is cash? And that the shares are selling at about 5 times book value? On that basis, the stock should have a higher PE than Microsoft.

Art


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