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: Stoctrash who wrote (5348)	2/2/2001 2:52:45 PM
From: edamo	Read Replies (1) of 6531

fred...brcm i probably wouldn't short, as it is a healthy company....rimm i had shorted from last week of december around 80+ down to mid 40's..... i'm not one who typically shorts a stock, and only would consider based not just on excessive valuation, but on real world business dynamic and potential........brcm is the former and rimm has both components.... brcm i would be a buyer after a basing and confirmed reversal...how ever long it takes, rimm i would only consider shorting, but with tight stops... the current market is no longer a short bias market in quality companies....i tend not to go against a market trend....most quality/growth issues have begun a stabilization, less down side risk compared to december...but much upside reward potential by year end... today a perfect example to buy certain issues as they pull back on lower volume...look beyond today, rate cuts always equate to eventual rising stock price....some quicker then others! good luck ed a.

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