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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 3:59 PM EST
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To: Wyätt Gwyön who wrote (118769)5/14/2002 2:38:11 PM
From: jazzcat2000  Read Replies (1) of 152472
 
Some guy on CNBC this morning was saying that the current PE's are not the salient point to look at. He was making the case that "lowered interest rates" during this time have to be factored in and according to his point of view this meant that the market was still undervalued. Sorry I didn't follow his argument more closely.
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