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

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To: Keith A Walker who wrote (3928)6/2/2000 9:10:00 AM
From: Brian Malloy  Read Replies (1) of 6531
 
High five my man, big big smiles all around.
Great report this A.M. on the jobs.

Congrats to all of us that stuck in there and added money last week when things looked darkest. We deserve every single penny of profit.

I'm closing on a new house this coming Thursday. A few weeks ago the bank called and tried to get me to lock in the rate because they said it would only go higher, they base their loans off the 30 year bond. The 30 year bond was at 6.25% that day. I then proceeded to give them a lecture on where I thought rates would be heading and why to include my take on the June and July fed treasury options market in Chicago. I locked in based on 6.25% but got a float down option at not cost. They looked at me like I was crazy and I'm sure when I left they were probably laughing and saying that sucker is going to pay up even more. This morning I will call the bank at 11 A.M. when the new rates come out now that the long bond has dropped to 5.83%. I think I will get a different response this time <ggg>.

Regards,
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