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

To: Nick who wrote (4391)	10/18/2000 10:34:23 AM
From: GuitarMan	Read Replies (2) \| Respond to of 6531

It really comes down to the valuation question. I think BRCM is overvalued. You could have bought INTC for $5 in 1995 and now its $40, but it is also off about 50% from its highs. The other disturbing trend is that senior management ( other than the CEO ) have sold over 90% of ALL of their stock. They are perhaps savy enough to recognize that BRCM is fully valued at these levels. Longer term I expect reality to set in and see the stock down to 130 or so. We shall see. - Mark

To: Nick who wrote (4391)	10/18/2000 12:03:50 PM
From: TATRADER	Read Replies (2) \| Respond to of 6531

nick, I am getting the impression I am starting to be a pain on this thread, a cancer...I see a print at 229, but no 230 yet, ig is salivating, ready to go for the jugular... This will be my last post here until Ig wins or I win, that is the cigar tournament..Presently, I have no position long or short in this stock..Must say this stock action is better than watching the Detroit Lions..Take care everyone and all the best to you..If you want to hunt for gizzards, stocks that are 1/100 the size of this one, come over to the TATRADER Gizzard thread....We need some sound fundamental advice on what technically may look good, but fundamentally has no future...regards, Mark