Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: craig crawford who wrote (392)	9/30/1998 2:15:00 AM
From: SliderOnTheBlack	Read Replies (2) of 6531

"Shorting" ? - BRCM... re: craig c. - I would never dream of shorting BRCM. I think it is a great company with a very bright future. I merely hope I get a quick window of opportunity to buy it in the mid $60's, if we see some post lock up selling. I just feel that it will see some selling, not a reflection on BRCM itself or its future; just purely a result of the post IPO profit taking. 70%-90% of IPO 's imho, see a selloff during this initial ending of the lockup period and BRCM will probably be no different; especially in light of the skittish market enviroment we are currently in. Also; If I allready owned BRCM; I would just hold through this period - I'm not recommending for anyone to sell. I think it will bounce back soon after the profit taking is over - it will happen; just knowing why it is happening and anticipating the opportunity to use it as a buying opportunity is the key imho. I wouldn't feel comfortable buying Yahoo or AOL at today's price levels either , but just like BRCM on a major pullback - I would buy.; just my opinion. I certainly do not think BRCM would be a good short candidate in light of their new chip - one could certainly find better short candidates .

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