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


To: Venkie who wrote (3937)6/12/2000 9:30:00 PM
From: Keith A Walker  Read Replies (2) | Respond to of 6531
 
Maybe - I still am of the opinion that Friday was driven by the profit taking camp; and today seemed illogical - if the selling in BRCM was related to Citrix(?) pre-announcing that is just absurd.

Now that the "geniuses" on Wall Street smell a recession (Fed induced, I might add) fear is taking hold. This almost reminds me of the spring of '98 and some of the panic that was prevalent regarding earnings disappointments then. Later that year it was the "Asian contagion" - and we are roughly 2000 points higher on the Nasdaq.

Regards, Keith