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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Brian Malloy who wrote (3314)12/30/1999 10:23:00 PM
From: Dalin  Respond to of 6531
 
LOL.....what is a PE? Isn't that a high school class?

:0)

D.



To: Brian Malloy who wrote (3314)12/31/1999 6:41:00 AM
From: limtex  Read Replies (2) | Respond to of 6531
 
BM -

What's a PE?

I think it is a sort of primitive method of attempting to value stocks that used to be used before the First World War.

Used to be reasonable useful to value old fashioned industries like autos, oil, retail, consumer cylicals, utilities, steel, shipbuilding and things like that which for the most part today should not be publicly quoted stocks but should be privately owned.

The stock market is about risk and creating great technological beneifts to the whole of mankind.

Best regards,

L



To: Brian Malloy who wrote (3314)1/3/2000 9:33:00 AM
From: Roger Hess  Read Replies (1) | Respond to of 6531
 
Here's my definition of PE:

A PE is what mutual fund managers use in picking stocks.

My kids' fund (growth) went up something like 0.8% last year, based probably on the manager looking at PEs of stocks. Something's wrong when you make 0.8% in a market like this.

I'm selling them today. May even buy some Broadcom with the proceeds.

Tomorrow, the manager for that fund will be out on the street looking for a job.

Soon, brokers who recommended mutual funds like this may be out looking for a job, too.

Maybe both can get some good advice from reading threads in Silicon Investor.