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

To: Stoctrash who wrote (5383)	2/7/2001 12:38:47 PM
From: Didi	Read Replies (1) \| Respond to of 6531

Give it time, Fred. Cisco CC wasn't that bad yesterday. Tempo inventory problem? .......................... A big apology to everyone for my incorrect call earlier. I misinterpreted 2 large option transactions by the big boys. Facts: ...Tues, 1/30/01, BRCM common ~$115-120, ...4000 01Feb105 puts & 4000 01Feb125 calls. My mentor, edamo, explained to me that the above might have been a "long strangle", taking advantage of a big explosive move in either direction from the Fed's rates cut and Cisco earnings news. The move has been so powerful that it offsets an initial debit & large B/E points. Many thanks, Forte. You remain one of the best options pros on SI. Good luck everyone ;-). di