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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: techanalyst1 who wrote (12175)6/22/2002 3:22:00 AM
From: schrodingers_cat  Read Replies (3) | Respond to of 57684
 
We haven't broken into new lows (yet) and as far as we know the macro fundamental picture is quite good. So the question is if this is just a mood swing or does the chart know something that we don't? We'll find out soon enough when earnings start.

QCOM p/s = 8 no profit
INTC p/s = 5 P/e = 76
sebl p/s = 4 p/e = 31

I'd say the problem with QCOM is that it is still overvalued. I've long thought that QCOM is more of a religion than an investment.


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