Broadcom (BRCM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jo Coleman who wrote (1408)	4/26/1999 5:58:00 PM
From: Doughboy	Read Replies (2) of 6531

The 151 P/E is the correct number for the trailing 12 months (ttm). Broadcom earned .50, and at a price of around 75, that's a P/E of 150. Broadcom's forward P/E, based on 99 estimates of .59 is 127, and '00 estimates of .79 is 95. But those numbers don't tell the whole story. As I tried to explain earlier (here: siliconinvestor.com the earnings for '99 and '00 are very conservative. Broadcom has blasted earnings estimates by 31% on average the last 4 quarters (even after those estimates were raised repeatedly). Broadcom is certainly on-track for '99 earnings of about .75, so the P/E is a much more reasonable P/E of 100. Is it a "value" stock? No way. But if I'm a long-term investor, Broadcom is as good a bet as any.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next