Tuesday, February 12, 2008

Tech stocks.....

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.....

0 comments: