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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Wizard who wrote (21)4/12/1998 4:52:00 PM
From: Wizard  Read Replies (1) of 6531
 
As for valuation, it is tough to rationalize valuations of hypergrowth companies (although who said this was rational). News flow should be very positive (similar to @Home) and the lack of liquidity (only 3mm shares) will give this stock a big premium to anything deemed rational. Looking at it by pure numbers and making a few (speculative) assumptions, it appears to me that this stock will trade in the $50's sometime over the next 6 months.
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