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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (32602)2/23/2002 7:12:08 AM
From: limtex  Respond to of 99280
 
Soft- I see QCOM at $15 this year. Hmmm that would be a P/E of <15 no debt and nearly $5 per share in cash and it still owns it patents and it makes money.

Hmmmm I wonder what about companies that don't have such a safe balance sheet? How amny companies in the economy have no debt and $2bn in cash? Must be some really good shorts out there for you. With Q at the figure you mention many of the rest of the Dow and the NAZ will be in bankruptcy.

best,

L


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