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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Malloy who wrote (3788)4/12/2000 11:19:00 PM
From: Sy Eisenfeld  Read Replies (3) | Respond to of 6531
 
hi Brian,
we never chatted,however i am a SI member for years and heavy into nas stocks,pmcs brcm,amcc,cmtn,vrio,etc etc.although i have been through quite a few ugly corrections, this one concerns me as it is a valuation issue.Of course i am not selling anything and hope to ride it out. what is your take on the outcome.



To: Brian Malloy who wrote (3788)4/13/2000 8:50:00 AM
From: hospitalman  Respond to of 6531
 
Brian
I think your comments about OTM puts are right on. I never really considered that as an option (my optimism kept me from spending the money) but the last 10 days clearly points out the value of that strategy after a big runup. thanks for the advice.
Ken


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