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

To: Jon Koplik who wrote (23909)	3/9/1999 12:41:00 PM
From: Keith Feral	Respond to of 152472

Jon: I expect the company to do a 2 for 1 split april 20 on the earnings report. With the layoffs behind them and the infrastructure picking up momentum, most of the loose ends will be behind us. With up to $4.00 in EPS for next year, I easily think the company should be valued at $55 to $60 after the split. 30 times forward PE is not unreasonable.