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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: PeterR1700 who wrote (256)5/15/1998 7:46:00 AM
From: gdichaz  Read Replies (1) of 6531
 
To PeterR1700: In brief, no. $40 ain't going to happen. If you wish to buy this stock, then now is better than tomorrow, which is better than the next day and on and on. The reason, while the stock will fluctuate wildly on a daily basis and is probably "ahead of itself" it will most likely fluctuate around a sharp upward trend. The business fundamentals point to more earnings not less so in the long run price should follow. Will the price follow? No one knows. Also "timing" the market for "an entry point" is the best way not to be in a stock - ever - or if patience lost - at a higher price than today. All IMO. Just an observation based on long experience of trying to outguess and time the market - found that impossible to do with any consistency. Others claim they can. Wish them luck. But if BRCM is a stock you wish to own, suggest sooner beats later. Disclaimers, etc. Chaz
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