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

To: Keith A Walker who wrote (4621)	11/16/2000 6:07:36 PM
From: Stoctrash	Respond to of 6531

Keith.... "To: FredE who wrote (50309) From: John Rieman Thursday, Nov 16, 2000 5:30 PM ET Reply # of 50314 Message 14827108 "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." ----------------- John R. is pretty smart with the fundamentals...I really thought low FV would be around 80,..not 60.