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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (50308)11/16/2000 5:30:54 PM
From: John Rieman  Respond to of 50808
 
BRCM has been over priced for a while. Analysts expect 43% growth next year. That means that the high fair value of the shares is around $105. Low fair value of about $60. It was a short waiting to happen. Anything above $105 right now is a premium. I expect the market to keep some of the premium. BRCM has 57% gross margins. I'm looking to buy PMCS with 78% gross margins on this sell-off.