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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (53701)	9/13/2011 6:33:52 PM
From: Sam	Read Replies (2) \| Respond to of 95530

I won't claim to know anything about NETL's business, but a glance at their Yahoo stat page shows that their TTM revenues were $403m, yoy revenue growth was under 10%, and gross profit was slightly over $200m. Apparently they had writeoffs that turned that gross profit into a loss of $33m. Somehow, $3.7b seems like a steep price to pay for that, although analysts comments have been favorable and Broadcom claimed that the acquisition would add .10/share profit next year to their bottom line. It seems very odd to me, though.