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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Black-Scholes who wrote (1411)4/26/1999 5:36:00 PM
From: gpowell   of 6531
 
Agreed. I would not expect 450% revenue growth rates each year - it's just an example of why share price values based on P/E's alone are misleading in high growth sectors. Considering broadband access alone I would be very surprised not to see forward revenue growth rates at least equal to broadband subscriber growth rates, competition aside.

Competition is an understandable by product of success; it should be seen as confirmation of the future growth potential of BRCM. Success is not guaranteed.
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