Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Drake who wrote (4660)	11/18/2000 2:56:32 PM
From: Sepster	Read Replies (1) of 6531

It's easy to gloat on short term momentum movements. I've owned Broadcom since Feb. '99 and my basis is about $29/share. I am looking at the long term. While I agree the PE is high and that the share price got ahead of itself, this company has done a great job of keeping itself in the right growth position in the chip sector - much better than Intel or Moterola, for example. I think the management has been conservative in its approach, by not declaring a split, for example. For a LTB&H, Broadcom still has a lot more growing to do over the next few years. Let the juvenile momos gloat, I'm sure Broadcom will conrtinue to reward its long term investors over the next few years. The LTB&H investors will have have the last laugh. Sepster

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