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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: edamo who wrote (19738)	11/27/2000 2:27:49 PM
From: techguerrilla	Read Replies (2) of 65232

Ed, I think you're right about high valuations . . . . placing companies at serious risk in this new market environment. What do you think about Qualcomm and its reasonable (under the circumstances) P/E of about 100? For example, NTAP's is hovering around 250. The most troublesome one I see out there right now is BRCD at about 500. The market only needs one whiff of bad news to attack companies with P/Es like that. /john

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