"60 is what I remember hearing from Brad. What I don't know is if it was a specific area of the telecom industry. or even specifically targeted to companies in NV's niche."
Lets have a reality check here, I just had a PM do a PE ratio search on over 17,000 companies.. The semi business group doesn't even come close with an average of 60 P/E.
Maybe back in 1999-2000 the group had a PE average of 60 but not on todays soil.
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