Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Raymond Duray who wrote (3976)	6/22/2000 4:26:00 PM
From: Dr. David Gleitman	Read Replies (1) of 6531

Amazing how well BRCM held up, until the end of the day. I have found BRCM very hard to time (if not impossible). Right after I sold the CC for July 200's at 6 3/4, it shot up later in the day, which could have gotten me a premium of 9 points. Backed off at the end of the day where I could have bought it back for 6 and change. Personally, I find it difficult to see how the FOMC could raise rates when there is no signs of inflation (that I could tell), as well as the rising cost of energy (well, maybe that's inflationary, but then that may add additional hardship for those that rely on fossil fuels for their lives and livehoods and may be construed as a factor not to raise rates). David

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