Ahh, but BRCM has a $3 billion market cap. Pretty hard to hype up a $3 billion company over the net. I'll give it a shot though.
BRCM had revenues last quarter equal to KTEL's market cap. BRCM has more cash in the bank than KTEL's entire market cap. Cisco and Intel both bought stakes in BRCM. I don't see INTC and C$CO investing in KTEL.
BRCM has customers like Cisco, Nortel, Motorola, etc. Who does KTEL sell to? Late-night, disco loving, insomniacs?
BRCM is mighty pricey, and that's why I don't care to be long it in this kind of market environment. 1-Day-Trader will be just fine if he sticks to the overvaluation argument. The conspiracy theories have got to go.
Oh, in case you were wondering why BRCM is so expensive, that would be because they are growing extremely fast. They had more revenues in the last Q than the entire year prior to that. Their sales were up 737% and they are profitable. They are a serious player in the cable modem and digital set top box market, as well as HDTV, xDSL, high-speed networking market etc. |
