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Strategies & Market Trends : The New Economy and its Winners
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To: 16yearcycle who wrote (11600)5/17/2002 5:29:21 PM
From: techanalyst1  Read Replies (1) of 57684
 
That's funny! Qlgc isn't a current year pe of 75 though. It's "only" 52 (earnings of a buck this year, which just started and a pe of 42 on 04 earnings).

But that does bring up why is brcd going down with qlgc going up? Brcd has a lower valuation than qlgc based on p/s and not that different based on a forward pe. Qlgc benefits because they just started their new earnings year.

Must be some reason.......... maybe short covering still.

TA
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