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

To: Logain Ablar who wrote (11033)	2/13/2001 2:50:04 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 30051

Hi, Rashomon, I don't know about BRCM at $50 (could be), but soon you'll be able to get BRCD there. I just took my bitter pill and sold BRCD here at $55, a big loss (had two positions, $71.5 and $60-3/4), still need to extricate my self from EMLX, I was hoping this rally continues till tomorrow afternoon, but it seems we are resuming the February massacre a day ahead of schedule (g). So, I took my "lumps" on EMLX here at $41-3/4, an average loss of $9, not pretty. In any event, if we do get BRCM at $50, I'll be "ready", I just took off the table Friday's position, only a $2 plus gain $78.5), but better than the mini disaster on BRCD. Also took off AMCC at $45-7/8, not even a buck gain. The bu$$ went out at $44-3/4, essentially even, and SNDK at $25-5/8 only $.5 to the good. TQNT went out at $33-3/16, better than $2 to the good, and JDSU at $41.5 for a loss of $1.5. MERQ out at $70, for 1-7/8 loss, JNPR at $82 for $2.5 loss, and PMCS at 54.5 for $3 loss. That gambit Friday, on balance was a mini disaster... Zeev