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

To: David Alon who wrote (5436)	2/13/2001 1:20:00 PM
From: edamo	Read Replies (1) \| Respond to of 6531

"how much lower will it go" if it doesn't trade up in heavy volume to the 125+ range, it has the ability to retreat to 52 +/-....... a neutral or flat market is almost a worse case scenario as it can cause a cumulative erosion that can prevent a solid trend reversal.....pe still a bit high, and the equity markets are no longer viewing the recent bull market created metric(hate that word) justification through rose colored glasses......any company that stumbles over its high pe has been taken out and summarily executed...brcm no longer has a free pass.... good luck...wouldn't be short, but would hold off being long until a reversal is confirmed... ed a.