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


To: benhorseman who wrote (5134)5/5/2009 11:29:10 AM
From: Jim Mullens  Respond to of 9129
 
Ben, re: MSM QCOM Evaluation>>

It looks like their formula based methodology has a flaw or two. It appears to be comparing the 09 / 10 EPS and using that % delta times the current share price to come up with their target.

$85 / $1.98 = 43PE which is a little rich for current market conditions-- IMO

Also note Yahoo reflects the avg 09 EPS @$1.65, not $0.99.

>>>>>>>>>>>>>>>>>>>

Qualcomm Inc average 9/2009 estimate: 0.99
Qualcomm Inc low 9/2009 estimate: 0.92
Qualcomm Inc high 9/2009 estimate: 1.07
Qualcomm Inc average 9/2010 estimate: 1.98
Qualcomm Inc low 9/2010 estimate: 1.25
Qualcomm Inc high 9/2010 estimate: 2.23