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Strategies & Market Trends : The Covered Calls for Dummies Thread

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To: Uncle Frank who wrote (622)5/17/2001 5:42:41 PM
From: cfoe  Read Replies (1) of 5205
 
The psychology has changed.

UF - This is true. However, in support of surfbaron, what has also changed is that valuations, traditionally calculated valuations, now count.

I buy QCOM's story and in the long view do not know of a a better tech stock. But, 60X trailing and current year eps is high. 40+X future earnings with less than a 40% growth rate is also high.

Visibility of more powerful earnings growth is key. I have my ideas of what it will take, which will wait for another day (and another thread).
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