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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 (4391)10/18/2000 10:34:23 AM
From: GuitarMan  Read Replies (2) of 6531
 
It really comes down to the valuation question. I think BRCM is overvalued. You could have bought INTC for $5 in 1995 and now its $40, but it is also off about 50% from its highs. The other disturbing trend is that senior management ( other than the CEO ) have sold over 90% of ALL of their stock. They are perhaps savy enough to recognize that BRCM is fully valued at these levels. Longer term I expect reality to set in and see the stock down to 130 or so. We shall see.

- Mark
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