Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (23240)	5/26/1999 1:51:00 AM
From: Sir Francis Drake	Respond to of 74651

<OT>QCOM - well, it's a matter of definition - sure, forward p/e is nice, but we are talking market emotion here. Many nets too look a lot more reasonable using forward p/e. Problem is that when panic selling hits, people don't worry about niceties like forward p/e, they look up a yahoo quote and see a p/e of 265 and don't ask questions. Remember, I look at it as a trader, not only as an investor. BTW, the context in which I wrote that post, made clear that I think QCOM is a good stock to own and trade. I was remarking on it as an opportunity for a buy and hold type situation (and here the forward p/e might apply). But I also think of it as a trading situation, and in that context, in this market, QCOM is considered a high p/e stock - call me crazy, but I've watched traders in action, and that's the perception. Your Second has been sent back with a message from my Second - we really have no quarrel, as we both love the lady, or maybe that's just the problem - we both love the lady... in which case, as my moniker suggests, I'll mug you sometime when you least expect. Bottom line, I reiterate: IMO, QCOM is looking strong here. Good luck! Morgan