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

To: JP who wrote (206)	4/24/1998 12:29:00 AM
From: Kashish King	Respond to of 6531

I'd be careful of implying that management fudged the numbers to deceive shareholders. Actually, what I was suggesting is that when it comes to revenue recognition that there is wide latitude; when charges are factored in the flexibility is greater still. What you missed was the point. The point being that had they, say, deferred revenue (to account for future customer service charges for example) they could have reported 1 million instead of 5 million in revenue. The result being they could have demonstrated a growth rate of 3000% and again I say, GET IT? The answer was an implicit NO based on your reply so I'm asking it again. AFA being careful about implying deception, that wasn't what I was implying but now that you mention it it's crystal clear they are out to deceive shareholders in a big way. As far as I'm concerned I can no longer trust them and I would certainly think twice about holding this stock given the current environment. So I'm not implying anything, I'm telling you precisely what's going on.

To: JP who wrote (206)	4/24/1998 12:33:00 AM
From: Kashish King	Respond to of 6531

Stocks of technology companies are valued according to the current & future demand of their technology, competitive landscape and growth rates. They are not valued according to their book values. JP, read, listen and comprehend, please. The next thing you know is you will be telling us the annual rainfall of western Tasmania in response to somebody's observation about upstream bandwidth. What your crashingly obvious statement have to do with anything anybody has said here simply escapes me.