SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New Qualcomm - a S&P500 company -- Ignore unavailable to you. Want to Upgrade?


To: gdichaz who wrote (151)7/24/1999 10:50:00 PM
From: JGoren  Respond to of 13582
 
Reporter was oblivious to reality. There is concern over the high PE ratios not being valid and based on real earnings growth. The reporter pulled out a chart of S&P500 companies; read Qcom at the top. Someone commented on PE's not sustainable. Qcom's high PE ratio fit the story. Reporter had a deadline, so he put the two together. That's why media reports can be so bad. Remember, journalist's knowledge is a mile wide and about a quarter inch deep.