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

To: waverider who wrote (4635)	11/17/2000 7:36:01 AM
From: Drake	Respond to of 6531

Go with great management, people! Both BRCM and QCOM have management I am banking on. dc

To: waverider who wrote (4635)	11/17/2000 8:03:01 AM
From: Stoctrash	Respond to of 6531

Diamond....you're dead nuts on. Even if it bounces from here 30-40 points it will just open up the gates for more intense selling and,, ....short selling...and baffle the blind bulls even further as it will give them a glimmer of hope that fades.

To: waverider who wrote (4635)	11/17/2000 10:10:49 AM
From: John Koligman	Read Replies (1) \| Respond to of 6531

Diamond, And the folks at LSI said, it will never trade below 40, (hey, it's down from 90, ferheavenssake),followed by the folks at WCOM stating - it's a bargain at 40, a steal at 30, deal of the century at 20, no comment at 15. Then we have the fine folks over at the AMAT thread, 'now a value stock at 40'!!! NT, hell, load the boat at 50! Point is, you are right on, this thing really got out of hand with the INUT craze in the spring, and we are now rapidly heading back to reality. Best regards, John

To: waverider who wrote (4635)	11/19/2000 3:22:59 PM
From: samim anbarcioglu	Read Replies (1) \| Respond to of 6531

Rick, I know you are trying to get in at a low price. That would be good of course. If you never see your desired buy price, you just don't buy the stock and that would be that. But i suggest that you don't get carried away with that thinking and take the next step and short this stock. I was looking around a little bit here are some comparisons: PEG ratios: QCOM: 3.70 BRCM: 1.29 NTAP: 1.84 EMC: 2.75 CSCO: 1.62 It's just that the growth rate of this company is extraordinary. They don't just meet their earnings target or beat it by a penny, they beat it with 20 - 30%. That's why the PE looks high toward the end of their quarter. But it's high only until the quarter's announcement when the earnings come in 20% higher than the upper end of the range. In contrast, we had a real earnings slump at QCOM last winter-spring-summer. There is no other reason for the fall of QCOM stock price. For a variety reasons, the earnings slumped. That's not the case here. There is no indication of an earnings slowdown at BRCM. As they say; 'it's the earnings stupid!' $270 was probably a bit too high, but anything under 150 is a gift. Please do not take seriously those yahoos posting here, trying to scare the weak owners into selling, then may be the price will drop a few more $s, then may be margin calls will trigger causing a few more $s downwards etc etc. You know how it works. But all that stuff already took place for BRCM on the way down from 270. All of this is of course my humble opinion. Good luck to you. best, sam a