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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: Mike Buckley who wrote (22595)4/12/2000 6:42:00 PM
From: surpow  Read Replies (3) | Respond to of 54805
 
Mike:

Could you please help me calculate a curren P/E for QCOM? I know that the formula is Price/Earnings, but am confused at my answer of 125(price) / .24(Earnings) = 520.

Funny, when the stock was going up for me last year my lack of understanding of valuations was a lot easier for me to ignore then it is now.

Thanks for your help.

Noah



To: Mike Buckley who wrote (22595)4/12/2000 9:15:00 PM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
As I watched the market continue to melt down today, I admit to some negative feelings. However, I then looked at it this way.

1)The economy is excellent

2) The stocks I own are in companies that are cutting edge and doing very well.

3) I have the same number of shares today I did two weeks ago.

4) I don't need to sell any stock to pay my bills, it is really all paper losses and profits for now.

Therefore, I refuse to panic and make any moves. My floor installer is installing my dance floor next week, my life is so good I cannot believe it, and the future is bright.

Remember, People:

THE UNIVERSE IS BENEVOLENT, AND LIFE IS AN ADVENTURE!