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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: T L Comiskey who wrote (9949)	10/26/2000 2:49:33 PM
From: im a survivor	Respond to of 65232

Thanks....last I checked qcom pe was around $70 and still seems to be. Now, when I compare extr and qcom and see both at about the same price, yet one has a pe over 450 or so and one aroind 70 or so. Additionally, with the IP and royalty business, it would seem to me the the Q should have a bright future. Pretty nice revenue with not much overhead expense. Anyway, I wish all the folks in extr the best of luck....it killed me it turned so quick, then after turning I figure the worst must be over and it continues to kill me. Then after my funeral I see a pe of 450 still on the stock and I just can't stomach holding it anymore. I have no doubts it is a great co and firing on all cylinders.....I wouldnt have bought it had I thought otherwise....but in a market that puts losing dogs like AMZN up on a pedestal and penalizes growing companies by knocking them down 50% in 2 days, I don't think anything matters except what the houses want to do. Release a great report and get whacked. release crappy numbers and be rewarded. As Ed (I think) said earlier...not a very efficient market. Happy trading