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Strategies & Market Trends : Galapagos Islands
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To: bramble88 who wrote (11614)11/6/2002 6:26:50 PM
From: X Y Zebra  Read Replies (3) of 57110
 
(ie the same inventory that was charged off as useless later being used in revenue generating merchandise), and on a regular basis, I'd say that would be rather appalling and kinda gutsy, given today's environment of accounting scrutiny. I would like to know more.

I am no expert but... I do not think such practice is illegal per se, particularly when it has been disclosed timely.

However, that means there is no "growth" as they are simply selling old stuff... I though CSCO was a growth company and priced accordingly... -g with a p/e of 45

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The Fed is going for the kill with the .50 rate cut. The market is betting that the elections (and the rate cuts) will do the trick to turn things around... will they succeed ? only time will tell... But they are betting aggressively.

QLGC is a monster...at 44.15 has a p/e shy of 41.

I think it hit resistance just below 45.... but I doubt that it will collapse Actually, I should put QLGC and CSCO side by side.... see what comes out
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