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Pastimes : Tidbits

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To: Clappy who wrote (1004)11/9/2000 9:12:18 AM
From: edamo  Read Replies (1) of 1115
 
clappy...."brcm"

you should see the gap close this morning....the question is "then what".....brcm has lost a bit of momentum, still a high pe, and with the current market environment(markets don't embrace the unknown very well) may see 10% or more downside.....remember brcm has a float of 146 million (for comparison intc float over 6bil shares) which causes the high volatility....

just be cautious....

good luck...ed a.

p.s....the "houses" (who are these houses!!!) don't really act in conspiratorial unison to bring a stock down.....too much emphasis and credit is given to such conspiracies....better to become intimate with the dynamic (e.g.. brcm on recent up days didn't show a strong move, indicating a short term topping)and underlying fundamentals, which should give you the advantage...
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