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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Patsy Collins who wrote (2229)	7/9/1999 10:19:00 PM
From: Keith A Walker	Read Replies (1) of 6531

Wish I had the answer. By the looks of the chart, we would seem to be headed to 150+, but, all of the best scenarios are built into the current price. I am playing both sides at this point: puts, calls, long and if it gets ugly next week, short-against-the-box for some bonus points. Earnings will need to be 20-30% better than expectations to drive us much higher. This is certainly doable, but, not probable. Top-line will actually be the number everyone gets focused on: most likely will be very impressive. A nice correction after earnings would be reassuring from my overall bullish point-of-view. Anyone have any thoughts on a play with General Instruments (GIC) about now?

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