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 (5538)	2/28/2001 7:40:46 AM
From: edamo	of 6531

fred....be nice, have a bit of compassion... on 2/13 with brcm at 76, i posted that the stock could see 52 +/-...........well, we are here...now what? downward momentum is slowing, it has the ability to catch a ledge and begin a basing.....it needs to trade heavy volume in the 50-75 range for a trend reversal.... this is predicated on no change in the underlying fundamentals...brcm has the ability to be priced at a higher value then the sector...but if it disappoints, be it reality or perception, you could see a pe more in line with its peers.... too difficult to call at the moment, as external forces are moving the market....a positive to neutral market needed for brcm to attempt a base.... good luck ed a.

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