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

To: marginmike who wrote (27453)	4/19/1999 1:57:00 PM
From: LindyBill	Read Replies (1) \| Respond to of 152472

If the whole market reavaluates earnings and readjusts the market, Qcom would be worth 30-40Pe at best That would be a market at 7500. Only if we really crash!

To: marginmike who wrote (27453)	4/19/1999 2:28:00 PM
From: bdog	Read Replies (2) \| Respond to of 152472

So in light of this seemingly new note of circumspection, I have to ask: Did you sell? Or are you still losing hundreds of thousands/day (like many of the rest of us)? Cheers, bdog

To: marginmike who wrote (27453)	4/19/1999 3:03:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

<<A 70Pe and a 40PE for next year is historicly very expencive. I would also argue that its value is only realative to its peers in the market and to valuations of other tech's. If the whole market reavaluates earnings and readjusts the market, Qcom would be worth 30-40Pe at best>> I wonder how many of us remember the mid/late-70's when many, many good companies sold with a single digit P/E? I do, barely. Current economic fundamentals are obviously different right now at the macro level. Just reminiscing; not sentimentally. ...Tim