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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: ratan lal who wrote (95136)3/5/2001 11:20:40 AM
From: golfinvestor  Read Replies (1) | Respond to of 152472
 
<Well it looks like the train went down the river with you in it. Most companies are guiding lower sales and earnings.

Now whats your opinion about trailing p/e's??>

Your really to much. This from the guy how bought QCOM at 192. If I'm on the train down the river then you must be up sh*t creek without a paddle. Did you use your beloved trailing p/e analysis to buy QCOM at nose bleed levels? Once again, I'm not on margin and I'm not selling so I don't really care what QCOM is doing in the short-term. I'm also not hoping and wishing QCOM can climb back to 192 so I can get out at breakeven. Finally, I don't care what the trailing p/e is on QCOM or any other stock. Trailing p/e's have nothing to do with the present or future price of a stock. It's forward p/e's based on future growth rates that matter.

If you would open up your mind, you might learn something from the people here.