SI
SI
discoversearch

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 : Rockwell-Spins off Conexant (CNXT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DOUG H who wrote (330)8/6/1999 1:44:00 AM
From: gpowell  Read Replies (1) of 2013
 
I was projecting out beyond this year.

Looking at the price to quarter earnings: CNXT has been consistently around 250 for this year (once earnings turned positive), BRCM is currently at 600 last quarter they were at 331. CNXT's share price has run up to meet it's growing earnings while BRCM's has run up in anticipation of future earnings.

So far BRCM is meeting at least one analyst's expectations for 99'.

fnews.yahoo.com
siliconinvestor.com

I think next year BRCM's revenue growth will begin to translate to the bottom line and we'll see a reduction to more reasonable p/e's.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext