PLX Technology, Inc. (PLXT) Message Board

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Technology Stocks : PLX Technology, Inc. (PLXT)

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To: Mohan Marette who wrote (49)	4/9/1999 10:55:00 AM
From: Wizard	Read Replies (1) of 184

>> though we didn't have any internet like hike in price the opening day. Other than Broadcom, no semi company really has participated in the internet craze. PLXT is not comparable to BRCM. I can't predict what happens to a stock like PLXT in the short-term. Look at what happened to Perot Systems (PER) on its IPO. It went to a ridiculous valuation and blew up. PLXT could go to $29 today but that doensn't mean its worth it. Its not really a special company like BRCM is and doesn't deserve a premium to other communication IC companies. Current valuation sure makes GALT look cheap. This discrepancy will be corrected when GALT reports its quarter.

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