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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.54-1.2%Nov 13 3:59 PM EST

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To: Jon Koplik who wrote (13735)8/14/1998 11:12:00 AM
From: Sawtooth  Read Replies (1) of 152472
 
...OT...<<did anyone ever think it made sense for TLAB to be valued at well over 10 times sales?>>

Looked cheap compared to Csco at 13 X sales! Margins, margins, margins.

Tlab down ~ 20 % today; the long-termers who bought in a coupla' weeks ago at $93 are having their convictions tested. Great company, though; money machine.

Best.
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