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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 179.02+3.7%Nov 5 3:59 PM EST
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To: LindyBill who wrote (27466)4/19/1999 3:28:00 PM
From: marginmike  Read Replies (1) of 152472
 
All I know is I still use that benchmark. I wont go near CSCO, LU, AOL
etc. I bought SUNW when it was at 26pE and growing 35%. I bought Qcom in the same range. I dont argue with people, however its what I know and have been indoctronized to understand. I do agree there are exceptions like MSFT and can pathom paying 2X but 3,4,5 times PE. No way. I think Dell is the best example of a grossly overvalued stock(non internet).
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