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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: neverenough who wrote (35)4/16/1998 7:00:00 AM
From: giddy guru  Read Replies (1) of 6531
 
//gg//

Nigel,

If BRCM to hit 50 in 2 weeks, it needs to be driven by an enormous momentum. Only NSCP did this recently. Today, momentum is with internet stocks and not with chips. ISSX came out at 41, dipped to 37 before internet craze lifted above 50. I am skeptical in quick 50% profit in BRCM in the after-market trade. Timing and heavy publicity is excellent for the underwriters but not lucrative for after-market entries. Of course, this is just my opinion.

Buying for the long run needs to be evaluated on its own metrics. Do your own analysis and good luck.

/gg/
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