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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: A. Robbins who wrote (4911)12/16/2000 1:39:01 PM
From: Stephen M. DeMoss  Read Replies (1) of 6531
 
On Monday or Tuesday I intend to go short on Brcm. I have been both long and short this great company since last summer. Does any one have any reason one should not short at this level (125-135 area)? I personally believe there is more downside to come on the Naz over the next couple weeks and probably months. The action in great companies like Sunw this week has convinced me of it. The selling is beyond reasonable which convinces me that buying the dips is truly a fools game. Brcm is a great company. Yet I also believe the valuations may take a very large toll on it over the coming weeks. Convince me otherwise<G>! Steve D.
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