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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Raymond Duray who wrote (2985)10/25/1999 10:35:00 PM
From: 007  Read Replies (1) of 6531
 
Ray, when I hear people start talking like that, it must be time to double my long position. This stock isn't dead. It just ran too hard too fast. Now the company is getting caught up to its price. If you are in this for the fundamentals relax. Give them some time and after all a 100 percent return this year isn't something I feel bad about. These guys are executing, but really we need to give them a chance to grow. I like what I see so far and I really liked last quarters report including earnings. They are doing the job. This is a five year play for now and I expect we will be even more richly rewarded. Fiber optics is in my street now and in the next few months we will be hooked to cable to fiber. It is the talk of my neighborhood and I can tell you that it won't be here a week and I will be on the cable modem.

M. Solum
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