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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Brian Malloy who wrote (3314)1/3/2000 9:33:00 AM
From: Roger Hess  Read Replies (1) of 6531
 
Here's my definition of PE:

A PE is what mutual fund managers use in picking stocks.

My kids' fund (growth) went up something like 0.8% last year, based probably on the manager looking at PEs of stocks. Something's wrong when you make 0.8% in a market like this.

I'm selling them today. May even buy some Broadcom with the proceeds.

Tomorrow, the manager for that fund will be out on the street looking for a job.

Soon, brokers who recommended mutual funds like this may be out looking for a job, too.

Maybe both can get some good advice from reading threads in Silicon Investor.
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