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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Richard Tai who wrote (1292)4/17/1999 7:04:00 AM
From: Keith A Walker  Read Replies (1) of 6531
 
I get the Morgan Research Reports and the last time they had updated BRCM, it was upgraded to OUTPERFORM. I think the Morgan analysts tend to be a little conservative.

I got part of my position blasted away yesterday due to a couple of covered calls I wrote (not the best way to go), but, wrote two naked May 90 puts. I figure it is a good way to back into the stock. If nothing else, a good pop, and you capture the premium and any gain on its way to 90. Should we tank after earnings, well, you make it up in the long run.

Best of luck, Keith
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