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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: David Kelly who wrote (28737)3/10/2000 8:27:00 PM
From: Steve Lee  Respond to of 64865
 
It is a fair comparison. SUNW is growing slowly and has a high PE. RMBS is growing rapidly and has a high PE. They are not in the same boat at all.

RMBS has had nowhere near the percentage gains experienced by QCOM stock in the same time period. If it did, which it might, it would be overvalued.

I don't pick my stocks and then judge them. I judge the stocks I look at and buy those that have potential. It is immature to pick a stock and stick with it, making childish taunts at those who question its valuation. I like RMBS but I am rational. I have been completely free of RMBS stock as recently as earlier this week. I am investing for profit, not for love of a stock.

BTW. Stock price does equate to success. That is capitalism.