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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: John Koligman who wrote (4638)11/17/2000 11:05:43 AM
From: edamo  Read Replies (3) of 6531
 
john..."valuations"

brcm at $80 per share would still have a pe of 180+.....very high in a market that is attempting to become a bit more efficient.

brcm has failed to maintain its upward momentum over the past few up/down cycles.

good company, strong management, low overhead, but overvalued in the current market.

many strong chip stocks are below 35 pe.....why should brcm have such a premium?

market eventually makes the final decision...

good luck

ed a.
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