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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: Bald Man from Mars who wrote (233)4/29/1998 10:47:00 PM
From: JP  Read Replies (1) of 6531
 
After further research, I see the following short-term problems plaguing BRCM's stock price:

1. Small float keeping institutions away - for now

2. Unmarginable until 5/18

3. Underwriters disallowed from issuing analyst reports until 30 day
quite period comes to an end

4. H&Q forbidden to speak about BRCM at their, highly regarded, technology conference currently in progress (quite period)

5. Small investors growing impatient with current lack of buyers.

Based on above info and competitive analysis, a quick fall to 36 or 38 is possible but more likely will drop to around $40 1/2 (based on mass expectations/hopes of a $40 re-entry price - MM's monitor these threads).

Get ready to buy or add to positions.

JP
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