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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Maya who wrote (5514)2/21/2001 9:51:04 AM
From: KeepItSimple  Read Replies (1) of 6531
 
Just consider today a standard manipulation trick by the big players looking to unload their positions. They know the news is bad, and getting worse, but a few million bucks thrown at the bid can allow them to "sneak" out tens of millions of shares into the hands of bagholders.

Just like the day before options expiration friday last week when all the tech trash suddenly skyrocketed for 24 hours only to collapse immediately afterwards, this is nothing but a fakeout.

As soon as this stock quits drifting upward, re-short or buy puts. Works EVERY time with this bloated pig.

Vendor financing shenanigans always attract the attention of the SEC sooner or later.
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