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

To: queuecom who wrote (5841)	2/9/2010 4:35:41 PM
From: queuecom	2 Recommendations Respond to of 9129

Get your plane tickets. ASM is Mar 2nd queuecom

To: queuecom who wrote (5841)	2/9/2010 5:03:37 PM
From: JeffreyHF	2 Recommendations Respond to of 9129

I agree with your point, though the timing of growth is difficult to anticipate. But growth is what the market and shareholders rightfully demand of this company. Also, when CY Q2 earnings are announced in July, we should finally get a more realistic and lower P/E, as a huge hunk of money went to Broadcom then in '09, which has continued to misleadingly inflate that metric. If one ignores that one off Broadcom settlement, and the $200+ mil hit from the KFTC soon thereafter, and backs out the $11/share (and rising) cash, this is the cheapest valuation for QCOM since before the tech bubble.