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

To: Keith A Walker who wrote (3884)	5/12/2000 1:39:00 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 6531

OT: The Dismal Science, and the Right (Stuffing us). Hi Keith, Pardon my intrusion here... Now wouldn't that be special if the FED decided to go 25. It would mean a great sucker rally late Tuesday and then the damn jawbonin' could commence all over again, continuing the worry-bead markets we've been forced to tolerate as the grand poohbahs try to figure out how to steer the economy. As if they have any idea what their actions will cause*. Why 25? Do you think that the PPI numbers this morning were enough to get the hawks off'n their 50bp rants? I don't think so, but then again, I'm a conspiracy theorist. And the one I'm conceiving is the hard landing in October, making sure that George Sr. is revenged for the awful thing that happened to him in '92. Hey, it's the economy, my wise friend, as Carville stated... Bon Chance, Le Faineant *Actually, wrecking the economy is a lot easier than nurturing it at this juncture. My conspriracist view is that there are plenty of pals of Bob Barr and Newt and Pat R. who'd love to wreck AlBore's dreams whatever the cost to the American Public.

To: Keith A Walker who wrote (3884)	5/15/2000 12:27:00 AM
From: Brian Malloy	Read Replies (1) \| Respond to of 6531

I'm still thinking the Fed is going to let loose with 1/2 basis point on Tuesday. I think many as misinterpreting the CPI/PPI figures. To me, I saw no slow down. declining oil prices masked a few things. Oil has already rebounded. Also, the bond market did not appear to be faked out or retreat. The big boys playing with the June futures would indicate .50 is in the cards with 75+% certainty. Monday probably flat to down in the general markets then up on Tuesday after the fed announces. BRCM, at current levels and the low back in April seems to find support at levels from Jan of this year. Double bottom is kind of +/- at this point depending on how one looks at the chart. I would not feel comfortable calling it a double bottom unless we fall back to it from a higher level. However, it is reassuring that BRCM did not retest the one-teens over the past two weeks. Perhaps we will not go there again, or that could just be wishful thinking. A lot of good news is coiled up in the stock now and if we get a relief rally going into options expiration and beyond that carries us up to the 3,800-4,100 level on the NAZ then BRCM could crack $200 this go round. However, I continue to protect, there is still no guarantee that NAZ may not go to 3,200 then 2,700-2,900 become distinct possibilities. Plan for the best, be prepared for the worse. Regards,