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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (36232)5/28/2000 7:21:00 PM
From: Rich1  Read Replies (1) | Respond to of 63513
 
QCOM Oct/Nov 99: trading range was between $41 and $90 37/64
so if you bought at $175 your shares are worth $276 I understand very well.
All I said is how about those that thought the stock was going to $1000 when it was $650 -$700. Those guys have 4 shares of stock worth $276.
To make money in this market we need to find the next QCOM,CSCO when they are selling at 30-70 times earnigns. BTW QCOM selling at 85.50 PE today after recent drop.
RMBS selling at 265 PE.
I bought RMBS first time at $29.