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

To: bdog who wrote (18893)	11/28/1998 7:40:00 PM
From: kech	Respond to of 152472

Bdog- Maybe Q the stock hasn't been great lately but Q the company is likely to have a P/E in the 18-20 range for this year's earnings. This is a far cry from the "internet" style p/e's it has always posted. Soon the stock will have to move with the earnings growth. At 25-30% that won't be bad. Pretty soon Q the stock will start throwing us bones again. Tom

To: bdog who wrote (18893)	11/28/1998 8:50:00 PM
From: limtex	Read Replies (1) \| Respond to of 152472

bdog - I happen to think that the Sprint roll out is going to actually put meat on the bone. Maybe we thought it before but it sort of has a different feel about it now. Lets see what the next earnings announcement does. Also and I don't want to start a huge debate about this because believers go buy a piece right now or not and that concerns the economies of Japan and Korea. The markets seem to be telling us that we are at, near or just past bottom. What I mean is that even a little bit of good, stable news out of these two and the Q will benefit. Looks to me like a lot of the wireless story stocks have just tanked in this rally so the Q isn't unique. The noises from Sprint are getting louder and louder re their CDMA sales and it just sounds like we're going to have a bumper Q and an even better one to follow. I'm no analyst but from everything we see it just as I say has that feel about it. When do we expect the next announcement? Regards, L