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Strategies & Market Trends : Galapagos Islands
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To: JustTradeEm who wrote (41025)5/31/2003 9:55:21 AM
From: Techplayer  Read Replies (2) of 57110
 
An upgrade on an up day is like adding jet fuel to a bonfire. NVDA was up 2 bucks in the premarket. The same thing happened to SNDK a week or 2 ago. The semis are a bit ahead of themselves at this point. SNDK is the only one that I see where a case can be made for the recent movement.

Regarding the upgrade, do you see FA that can yield an 8+ billion market cap for BRCM (30 target)? To me, it is a good momentum trader and worth about 12.5 on FA. That is my point regarding the upgrade.
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