Keep Your Eye On The Ball - Watch List Message Board

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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List

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To: TFF who wrote (1250)	6/12/1999 5:33:00 PM
From: CanynGirl	Read Replies (2) of 2802

The reference is the tape.... trader perceptions..not funnymentals. Ok I get it now. You're saying that stock traders 'perceive' that broadband growth is slowing since the tape is going down. Have you looked at BRCM lately? BRCM hit a new 52 week high on Friday. I suspect some traders are believers in broadband growth. FWIW, I seem to recall the market going down, down, down, and down some more Aug-Oct last year. Yet during the next 6 months, revenue/subscriber growth was phenomenal for net stocks. Too bad the tape didn't do a good job of predicting that.

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