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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Patriarch who wrote (385)9/29/1998 12:14:00 PM
From: put2rich  Read Replies (2) of 6531
 
What are the reasons longs buy this stock at this sky high price in an unstable market? Is the p/e of 140 or more is not a danger sign? Look at INTC and I think p/e in the range of 30 and I think it is easier for big growth when brcm was young, but w/ competition and sales already large it is hard to maitain momentum.
Just my opinion.
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