In general, I avoid techs, they always seem to have high P/E ratios and seem to have a narrow economic moat, where another company can leapfrog existing technology and products.
Companies like Apple and Amazon are very interesting, but not at P/E's of 50-100.
Two that look interesting are Microsoft (MSFT), altho I wonder about the Yahoo! merger bid, and Qualcomm (QCOM), whose P/E is around 20 but which has 72 insider sales.
I'm sure there are other techs out there worth considering and welcome any ideas.....
Tuesday, February 12, 2008
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