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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: Dennis O'Bell who wrote (91236)1/4/2001 2:27:39 PM
From: marginmike  Read Replies (1) of 152472
 
RIMM still has a 1000Pe and a host of Nasdaq stocks sport 3 digit pe's. The overall PE on NAZ is still 30% above the norm. IE The buble is down but it aint finnished. Naz earnings are suposed to grow 3.3% this quarter thats 12-20% growth even with some upside 2nd half this year. Meanwhile NAz PE is still priced like we are at 50-60% growth(original estimate this quarter was 18%)
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