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Pastimes : Don't Ask Rambi -- Ignore unavailable to you. Want to Upgrade?


To: JF Quinnelly who wrote (44232)12/31/1999 2:41:00 AM
From: Ilaine  Read Replies (1) | Respond to of 71178
 
I I I owned 300 shares of QCOM which I sold in January. It's split twice since then, so that would be 1200 shares at roughly $650, or $780,000. Worse, probably, but I can't stand to look at it closely. I was regretting having sold it in what, March? And every day it gets worse. The corporation earns roughly $1 a share, the P/E is around 500. If it hits its new target price of over $1000, th P/E will be around 1000. Benjamin Graham is rolling in his grave. The last time I looked, Berkshire Hathaway was lower than I've ever seen it. I have concluded that I am an idiot. I also owned CSCO, I really don't want to talk about it anymore. It's your fault for bringing it up.