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

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To: Stoctrash who wrote (1732)5/26/1999 2:58:00 AM
From: B Kelly  Read Replies (2) of 6531
 
Jeez, after perusing a few of the boards here on SI, I get the distinct feeling that a touch of panic is setting in, after a possible sharp decline at the open tomorrow, I will be buying, remember the sky is always darkest before the dawn, and I for one, believe with all this bearish sentiment, that this market is primed for a major turnaround, at least till the beginning of July. After that, I would seriously consider going to cash, only cause I think Y2K will start to cause a lot of havoc, not because we are unprepared, because the possibility exists that we are unprepared. For that reason and that alone, I will hold and add on these dips until around the 2nd week in July, at that time I will go to an almost all cash position. As far as BRCM is concerned, I do believe this stock is 'in the right place, at the right time', and those that can weather the coming storm, and hold this stock, will be well rewarded.
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