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

To: TATRADER who wrote (4312)10/4/2000 12:37:43 PM
From: Stoctrash  Read Replies (1) | Respond to of 6531
 
TA...you could be right...the problem I see in shorting BRCM is it will take some news to hit it LARGE. Sure you could scalp a trade here or there...but to get it to crack will take some work. The techs are oversold to the max....yet BRCM could not break below 214 (the most recent cycle low it had) and this is very bullish given the chart.

News or a total market melt down is what it will take, IMO.



To: TATRADER who wrote (4312)10/4/2000 1:15:46 PM
From: Ingenious  Respond to of 6531
 
TATRADER - Please short BRCM. Nothing like a good short squeeze combined with some earnings momentum to make my day. I think you need to start with some fundamental analysis before you start trying to read the tea leaves. BRCM is nothing like aapl, intc, etc. To compare these companies, is to admit ignorance in technology. For example, BRCM has been around just 2 years and growing like wildfire. intc is peaking (peaked)


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