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

To: Wizard who wrote (21)	4/12/1998 4:52:00 PM
From: Wizard	Read Replies (1) \| Respond to of 6531

As for valuation, it is tough to rationalize valuations of hypergrowth companies (although who said this was rational). News flow should be very positive (similar to @Home) and the lack of liquidity (only 3mm shares) will give this stock a big premium to anything deemed rational. Looking at it by pure numbers and making a few (speculative) assumptions, it appears to me that this stock will trade in the $50's sometime over the next 6 months.