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Strategies & Market Trends : Rande Is . . . HOME

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To: Tradelite who wrote (48685)	3/9/2001 10:49:24 AM
From: Kanetsu	Read Replies (2) of 57584

Who the hell is buying BRCM!? The naz has lost 150 points, chip makers are warning all over, they are getting sued, kanetsu is bashing it as best as he can, yet it hasn't gone down a bit. If the market does bounce, look for BRCM to bounce hardest. Someone must have a huge incentive to keep it above 40. BRCM not only uses warrants to retain customers, but employees as well, their CEO often mentions that his employees are not paid that well in terms of salary and are highly incentivized with options. My guess is they fear they will have trouble retaining employees if it drops any further hence some deep pockets are supporting it here hoping a naz reversal will come to their rescue. The other, less paranoid, theory is that all the bad news is priced in and we are at bottom.

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