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

To: Keith A Walker who wrote (4664)	11/19/2000 12:40:23 AM
From: Stoctrash	Read Replies (1) \| Respond to of 6531

<<What do you think Henry N. or Henry S. would think of your comments?>> They'd be pissed off, or maybe just laughing....etc, they shouldn't take it personal by any means. Besides, they have bigger things to worry about, like why their pal at ML just dogged them sideways with no K-Y? People are here ragging at me yet they were thanking ML for the downgrade...go figure?? <<Given both are PhD/geniuses, I can only imagine what they might think>> Geniuses can screw up a wet dream too... look at the LTCM blow up in '98. I highly respect these two guys for what they have done in the chip biz, the stock biz is a whole nother game. I see one of the major flaws as the musical chairs bit they have milked to the n'th. Let's face it when you buy 10-12 companies over a very short period of time the odds of just one of those deals not going as planned is very high. That being said, the "stub of the big toe" happens and your priced to perfection stock gets pounded. No doubt the economic and political situation has accelerated the situation. See folks...I'm pragmatic. <<Just looking at the chart at least gives me the sense of BRCM being totally oversold.>> No doubt...but MO MO south is pretty good. A huge bounce could happen, but again, I think that should be sold since overhead supply is large. People buying at 200+ were looking for 400, and now just want to get out. I'm glad you took some actions to limit your risk. I don't wish for good people like you to get "blowed up" by this meltdown by any means.