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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike Buckley who wrote (22595)4/12/2000 6:42:00 PM
From: surpow  Read Replies (3) of 54805
 
Mike:

Could you please help me calculate a curren P/E for QCOM? I know that the formula is Price/Earnings, but am confused at my answer of 125(price) / .24(Earnings) = 520.

Funny, when the stock was going up for me last year my lack of understanding of valuations was a lot easier for me to ignore then it is now.

Thanks for your help.

Noah
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