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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (21104)	4/21/1999 9:19:00 AM
From: LindyBill	Respond to of 74651

.selling AOL for me would be sinful Tef, I am up 450% on AOL, but, at 20,000 per subscriber valuation, I just don't see how it can do much more and hold it. Eventually, earnings will out. I expect to pay 175+ for Qualcomm today, but I see earnings next year at $7 a share. This gives us a 350 to 490 range, based on a 50 to 70 PE. QCOM should be worth 1500 a share in 5 years, at least, and keep going from there. If I am wrong, the downside is a lot better than the "net" stocks, IMO. Anyway, it should be 60% of my holdings by noon today! LindyBill