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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Geof Hollingsworth who wrote (1182)	3/30/1999 10:27:00 AM
From: Bahama	of 6531

Yep, it's now confirmed by Reuters. As discussed in some upstream posts, Libit's capabilities are impressive, and they have real products. Combined with LU's many areas of engineering and marketing might, it's enough to scare me out of my longs. It was a nice ride, but they were always intended as trading shares. This isn't a buy-and-hold sector. Other longs, you really owe it to yourself to investigate Libit and not turn a blind eye. This is a far greater threat when combined with LU than CNXT is. If you still decide to hold, best of luck to you. Still contemplating a short before the market gets wind of this. Just hit US wires this AM. All it takes is one analyst to go negative, or even make a negative mention, and boom! we're down 10.

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