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


To: Keith A Walker who wrote (1122)3/16/1999 12:01:00 PM
From: Stoctrash  Respond to of 6531
 
I'm not the only one thinking BRCM is "phat" priced.

"It is difficult to make a true valuation comparison to its peers because of C-Cube's unique
combination of consumer electronics chips and broadcaster transmission systems (the Divicom
business). Suffice it to say that most companies involved in semiconductors and digital transmission
systems are trading at much higher multiples, many like Broadcom (Nasdaq:BRCM - news) are
trading well over 100 times 1999 estimates. Even the S&P 500 is trading at 29 times 1999 earnings

estimates, despite an expected growth rate of just 7% for aggregate earnings. If C-Cube can live up
to the long-term growth expectations, and perhaps show that it's more than just a DVD story, there

fnews.yahoo.com