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

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To: Didi who wrote (4997)12/20/2000 4:18:41 PM
From: edamo  Read Replies (2) of 6531
 
disu.... management, no matter how superlative cannot create the market place, especially when the management operates a company that is dependent on a dynamic that is beyond their control.

the comparison of atml and brcm was a real world, based on value and return on investment. companies are not purchased solely on the hope that they will grow rapidly, but by analysis of current and past financials.

brcm projects 2001 earnings at 1.43, considering the rule of large numbers, can it maintain a 300 pe, or even a 100 pe going forward? pe's shrink, as earnings grow.....

"prudent investor" is a relative term...was brcm a prudent investment at 200, or 150, or 125?
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