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


To: waverider who wrote (4680)11/19/2000 11:30:36 PM
From: Sepster  Read Replies (1) | Respond to of 6531
 
But these days a high PE and analyst downgrades and warnings from the likes of Cisco...that is still plenty. I've owned plenty of stocks that fundamentally looked fine but down the road things got rocky.

I don't recall that Cisco warned. The fundamentals have not changed on Broadcom. I have yet to see anything solid on the inventory issues. On the other hand, the economy is clearly slowing down and that will slow revenues overall.

I agree that buying in this climate is very risky and its important to wait it out until there is some signs that the bears have had their fill, for whatever reason. On the other hand, if Broadcom continues to perform as it has in the past, then it may be worth the risk to pick up some shares at these levels.

Sepster