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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: golfinvestor who wrote (94227)2/22/2001 8:56:02 PM
From: ratan lal  Read Replies (2) of 152472
 
and why is trailing p/e relevant???

I was just stating the facts and indicating what my screen showed since there always seems to be a difference between reporting agencies.

But to answer your question, trailing p/e is the only real number. The rest is all subject to change and interpretation. And no matter what number is finally reported, you have no idea whether it is good enough to boost the stock price or kill the stock. I have seen cos. report lower than expected and their stock takes off. And I have seen cos. report better than expected and their stock gets killed (it may go up for a day or 2).
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