Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TATRADER who wrote (4380)	10/17/2000 8:20:57 PM
From: Keith A Walker	Read Replies (2) \| Respond to of 6531

Actually, day after tomorrow BRCM's P/E will probably be south of 300 - not due to price deterioration - but due to upside earnings and a split announcement. I would be surprised if we didn't get at least a 2 for 1 split out of them tomorrow after the close. Good luck if you are shorting BRCM - you may win due to the overall bear market in technology - but long term (maybe two more months) shorts will lose out. I expect that volatility will reign supreme for the remainder of October - but once some new economic data comes in, oil gets under control and talk of lowering interest rates takes over, in order to avoid a recession - we should begin retesting old highs. Cheers, Keith