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

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To: Stoctrash who wrote (5345)2/2/2001 1:44:38 PM
From: edamo  Read Replies (1) of 6531
 
fred...."super growth"

wonder if most brcm investors know what "super growth" truly exists....with adjustments for certain items brcm actually posted a loss....and a loss by any other name is still a loss......the other factor that must be taken into account is the rule of large numbers....in spite of what analysts and newly conceived "metrics" (i hate that word) indicate, the reality of gaining/increasing market share when you are a front runner becomes a bit harder to accomplish.....

no different then the cries last year of global dominance by specific companies in certain sectors....great thought in a euphoric state of mind, but when the reality of economic slow down kicks in, it spares not one "dominator"....

brcm an excellent company, but is the stock priced beyond the tangibles? seems like the current market believes so, with the inability of the stock to begin a basing pattern...

not sure if i would be short, but prefer not to be long until it establishes and confirms an upward trend and stays above the 50 and 200dma...

good luck

ed a.
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