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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: Wyätt Gwyön who wrote (121253)7/3/2002 9:23:07 AM
From: marginmike  Read Replies (1) of 152472
 
MM I only short retail and housing now. I stoped shorting tech(except IBM) a whille ago. Whats amazing is that there are retailers with higher pe's then Qcom. Retail is the worst business to be in, and the multiples should be 1/2 of any normal biz. I wouldnt pay more then 10-15Pe for the best small upstart super growth Retailer. I shorted RTH at 99 and FNM at 83
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