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

To: Venkie who wrote (5397)	2/8/2001 9:44:03 AM
From: Stoctrash	Read Replies (1) \| Respond to of 6531

Henry comes clean,... FredE is vindicated. Now what..the news is out....??

To: Venkie who wrote (5397)	2/8/2001 10:42:47 AM
From: edamo	Read Replies (2) \| Respond to of 6531

donnie...re: "we will find a base" everything eventually finds a base....but keep in mind what i will call the "dell effect"....or simply put, a change in perception of the share price versus the reality of the underlying fundamentals.....brcm stock was priced for mega revenue/profit growth which it could only maintain in the minds of analysts that aren't in touch with reality.......it is a great company, but with the ceo indicating slowing growth, then what sets it apart from any other chip maker with a lower equity valuation? technically it is still down trending, lower lows and highs..it will move up with the market, but not as strong as in the past, and will move down greater then the market on weak days.... the market is trying to decide not just on brcm, but many high pe issues....as i stated previously, they may have to grow into their pe's, which means they are ahead of themselves in a slowing economy.....the "fabless" concept that works in the best of times can be contra in the worse times...much like the dell jit/bit model.....too dependent on the vagaries of the downstream....and when you have a limited product offer, and your upstream as csco cuts back, you see a squeeze....no orders from end user makes it difficult to lock in production time with the downstream fabricators....breaks the flow! good luck ed a.