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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

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To: golfinvestor who wrote (145136)9/28/2006 1:42:19 PM
From: Jim Mullens  Read Replies (1) of 152472
 
GI, Re: "MoMo crowd and short covering seems to be helping BRCM as of late"

Interesting that the latest Schwab Earnings Report for BRCM with Reuters data reflects BRCM's PE (both trailing and forward) at their highest level in the past 3 years (42 & 39).

Further, it appears that the majority of the EPS estimates are now GAAP, and as such the consensus EPS now reflects GAAP numbers and not non-GAAP as previously reported. BRCM's PEG is now 1.7 with the S&P at 1.3. By comparison, the Q's PEG is 1.1 on FY06 EPS.
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