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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Bosco who wrote (10921)2/8/2001 10:16:51 AM
From: Zeev Hed  Respond to of 30051
 
If BRCM breaks $72 before the end of this month, I think it could go to the mid $50', if it bounces and that breaks does not appear before let say February 28th, then I would say 30 times next years projected earnings of $2 pr so ($60) should be a great buying point into the lows in the first or second week in March (I still have March 9th as the low). In the meanwhile, however, I just jumped on BRCM and BRCD for a day bounce at $78-7/8 and at $78 respectively.

Zeev


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