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Technology Stocks : Qualcomm

QCOM 154.80

+1.4%

Jul 18 9:30 AM EDT

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To: Philip Merryman who wrote (58)	2/8/1997 6:32:00 PM
From: Scott Jarrett	of 68

Actually, this is to the group in general. I am new to this thread, but having read numerous posts on other threads of SI, I am extremely impressed by the quality and knowledgeability of the comments here. I have one question. Is anyone put off by Qualcomm's high P/E ratio? I haven't read all the comments in this thread yet, but what I have read exudes a quiet confidence in the company. I'm sold on the future of wireless communications and on the superiority of CDMA, but I'm not so sure that the superior technology will win with heavyweights like Nokia and Ericsson in the fray (remember beta vs vhs?). Any comments on this?

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