Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Valueman who wrote (6248)	12/12/1997 12:16:00 PM
From: Muizz M. Kheraj	Respond to of 152472

OK...so Korea defaults...Earnings drop to $2.04, like Schroeder estimates (and we know QCOM always beats estimates)...but still let's assume earnings only come in at $2.00...this means that QCOM, a monster growth company, estimated at about 30% over the next five years and 60% over the next 2 years..is trading at 28 times next year's earnings...what's wrong with this story? I think Korea's debacle is already in the stock...we may see a little bit more taken off the top here ...but the bottom is not far away. Buy now for your grandchildren and have them thank you once they have enough money in QCOM to BUY KOREA!!! Muizz

To: Valueman who wrote (6248)	12/12/1997 12:20:00 PM
From: Muizz M. Kheraj	Read Replies (2) \| Respond to of 152472

Oh yeah...we're going to test that 52 1/2 support in about 5 minutes...currently at 53 x 53 1/8 with 3.3 Million shares traded and only 3 1/2 hours to go till the market closes... Muizz