Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (5447)	2/27/2001 9:12:41 PM
From: Libbyt	Read Replies (1) \| Respond to of 57684

>for the cause of addition weakness in BRCM today?< Glenn, IMO any stock that is a growth stock with a high P/E....or one without a P/E, is "a target" for those who are looking for a stock to short. I have to agree with Gene's earlier comments....IMO shorting at this time would be very risky, and a significant rally could occur at any time with an announcement of a reduction in interest rates before the next FOMC meeting. I thought we'd see such an announcement today, especially considering the drop in consumer confidence and home sales. There needs to be some catalyst for the individual investor and the various funds to decide to aggressively start buying again. It seems like every rally we've seen in the last few weeks has been sold....and so many seem to be waiting for a signal that now is the time to once again invest. Hopefully we will have a rally soon!