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

To: 100cfm who wrote (41514)	7/14/2004 11:38:32 AM
From: lkj	Read Replies (2) \| Respond to of 196772

A value investing firm would not have bought Qualcomm one year ago, two years ago, or any time of the last many years. Maybe it's time for Q bulls to start thinking about the valuation. Sure, you can believe in your story that Q would take over the world. As biased as DCF is, I think Q's valuation would be rich even with an aggressive set of DCF assumptions. (Simply a voice that's trying to balance the invincible excitement that has been flowing around in this chat room.) With all that said, I think that the stock split is a strong signal from the management that Qualcomm will continue to surprise the street, and let's hope so. Meanwhile, I think it's time to start unloading some Q to pay off some of my student loan. Best regards to all of you. Khan