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Technology Stocks : The New QUALCOMM - Coming Into Buy Range -- Ignore unavailable to you. Want to Upgrade?


To: Jim Mullens who wrote (5118)5/4/2009 12:03:22 PM
From: slacker7111 Recommendation  Read Replies (2) | Respond to of 9129
 
With good general market conditions and if QCOM’s PE was at Fy03’s level (44%) we could be looking at …..

Unfortunately, it doesnt make sense to ever have that kind of PE again. That was pricing in the future growth of the WCDMA market...the bulk of which is now behind us.

Slacker



To: Jim Mullens who wrote (5118)5/4/2009 12:43:49 PM
From: hedgefund  Respond to of 9129
 
good stuff Jim...HF



To: Jim Mullens who wrote (5118)5/4/2009 2:15:01 PM
From: Elroy  Respond to of 9129
 
Thank goodness some of us experienced the QCOM benefits of the roaring 90's ---( a once in a lifetime experience?)

Perhaps once in a lifetime for QCOM, but there are always stocks on super hot five year runs, it's just finding them in year one that is the hard part.

Check out CHDX - they do health care services and distribute medical products in China. Growing, profitable, and ~$3.40 net cash per share with an $8 share price. Can't see many reasons why health care in China shouldn't boom for the next decade, maybe that stock will be this decade's QCOM of the '90s?

Then again, maybe not! :-)