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


To: Sawtooth who wrote (27462)4/19/1999 3:08:00 PM
From: marginmike  Read Replies (2) | Respond to of 152472
 
I was taught(probably incorrectly) that PE should equal growth. So if a company has a 35 growth rate then its worth 35 times earnings. Obviously there mitigating circumstances. The Q will grow at about 35-45% the next few years, therfore it should have a PE in that realm.
That is theoretical.