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

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To: Thai Chung who wrote (5620)3/6/2001 8:06:57 AM
From: edamo   of 6531
 
thai chung..."the logic of technology"

it is correct that technology will prevail, and companies that provide technology should prosper.....but the concern on these threads is the share price, which of course is based on perception of future value. at the moment brcm future value is perceived as not so bright, it may be a disconnect from reality, but it becomes reality.

momentum players that boosted brcm on up days, seem to have vanished...perhaps they will return, but brcm shares need to go through a healthy basing action and begin a process of higher lows and highs, which has yet to begin...

don't think that any one who offers a contra view is shorting...investing has turned into an "i win, you lose" mentality...nothing is farther from the truth....

buy quality, growth and value....brcm was the former, may still be, but is now attempting to become the latter...

good luck

ed a.
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