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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: marginmike who wrote (103956)9/6/2001 4:17:34 PM
From: Sawtooth  Read Replies (1) of 152472
 
<<PE's are irrelevent because they are based on estimates that can change for better or worse.>>

Except that, and especially these days, people make stock buy/sell decisions based on reported PE's. Relevant or not, the PE offers one measure or perception of value.

Which was the essence of my question to Jacob; will Qcom go down in this heavy bear market because it is perceived as "priced too high"?

.....VVVVVVVVVV
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