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


To: A. Robbins who wrote (5970)6/26/2001 8:18:43 PM
From: A. Robbins  Respond to of 6531
 
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To: A. Robbins who wrote (5970)6/27/2001 3:00:55 AM
From: Raymond Duray  Read Replies (1) | Respond to of 6531
 
I will say that anyone trying to play this from the short side over the past month has had trouble sleeping.
Intelligent people like me who understand that the intrinsic value of BRCM stock is less than $3.50 to the retail patzer, as opposed to the insider Rule 144 trader, aren't about to short a darling that Mr. Market irrationally holds at levels that simply don't reflect any known financial reality. There's a rationalization ahead, but who knows when?

Best, Ray :)