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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: waverider who wrote (9335)6/17/2001 5:55:11 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
DiamondH,

Agreed. The main reason I mention QCOM in that post is not to discuss whether or not it deserves a 600 P/E. My issue was that since it is now the 3rd largest stock in the NDX, if QCOM starts dropping it has a large downside potential with a 600 P/E, which would be a strong negative for the NDX. Again, Im not making it a fundamental analysis on QCOM to determine if it deserves a 600 P/E.


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