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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Uncle Frank who wrote ()6/29/2000 12:44:00 PM
From: shamsaee  Read Replies (1) of 54805
 
Having followed the recent SNDK discussion which I have to say was excellent.I am looking at the price of this stock and its trading at 17 times earnings.Can some one explain why a company that seems to be on the verge of a tornado is trading at these prices.I know seagate was selling a lot of shares but I have not seen a PE under 100 for any tech company I like and follow with the exception of Our favorite qcom,which should be very short term hopefully.
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