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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Venkie who wrote (24033)12/11/2000 11:15:47 AM
From: edamo  Read Replies (1) of 65232
 
venkie...atml v. brcm

momo likes brcm....yes, but on the downside as much as the upside

todays volume...atml +5.5% 7mil shares already against 11mil average daily volume

brcm +6.3% 3.4mil shares already against 16.3 mil average daily volume...

volume is indicative of the "type" of buyer.....momo buyers less important in maintaining a strong base, then institutional...

at these levels i would view brcm more short term trade, and atml a longer term holding that has a probability of doubling from the current price...

good luck

ed a.
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