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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Patriarch who wrote (409)	10/3/1998 5:09:00 PM
From: SliderOnTheBlack	Read Replies (2) of 6531

Post IPO lock up selling & secondary... I think the 3 Million shares as mentioned in the preceeding post wil obviously be a large negative pricewise; we'll probably see some fund/trader selling prior - as they will want to beat the selloff imho. Is it Oct 12th for the end of the Lock up ? Also; SFA with these contracts to TCOMA & TWX looks to be an oversold play perhaps - comments ? ...as far as bad news - re: a BRCM selloff; I just get tired of this type of massive volatility. People however shouldn't sell into weakness if they are long term, buy & hold investors. I now look for a retest of near $48-$51; I'll start averaging in about mid $50's...in case we don't get there. I want to own this company longterm... In tech; as it's not my main area - I want just 3-4-5 concentrated ''bets''; VTSS PMCS BRCM; maybe CIEN if I see life again...CSCO or Lucent if we continue to see a market blowoff.

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