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

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To: Nick who wrote (5659)3/7/2001 5:39:27 PM
From: coachbobknight  Read Replies (1) of 6531
 
yes...i have made sure to be short every night since pmcs's warning 4 weeks ago...i've been waiting for this pre-announcement for awhile...

brcm is in serious trouble...

revenues are going to disappear because the stock price has fallen thus eliminating the warrant-based purchase incentive from certain large customers...

it's gonna be ugly when all is said and done...i expect brcm to substantially restate past earnings downwards once they are finished with the SEC...
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