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: Jean M. Gauthier who wrote (3581)	2/16/2000 5:55:00 PM
From: Keith A Walker	Read Replies (1) of 6531

"Anyone know why it was strong today, in a really shi!@# day for the market ?" Jean, the way relatively heavily shorted stocks seem to perform on relatively lousy days in the market, seems to be up: shorts are basically trying to buy back their positions. I think shorts on BRCM know they are in trouble and are looking to cut their losses - hence, the nice move today - also, perhaps some sympathy with AMAT's stellar performance. Who knows for sure, but being long BRCM is the only way to be! Cheers, Keith

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