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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Kashish King who wrote (201)	4/23/1998 2:58:00 PM
From: Gujju Bhai	Read Replies (2) of 6531

Rod -- I totally agree on BRCM pull back... talked to a broker friend of mine at Merrill ... he is asking his clients to wait for a while.. expects a pull back.. thinks current valuation is inflated considering that initially they were considering the offering to be in the $10 - $12 range... My target price to get in is around $48 - $50 ...unless, one sunny day my risk taking attitude has gone up...

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