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.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (1118)	9/6/2001 12:43:53 AM
From: SpecialK	Read Replies (1) \| Respond to of 95526

Sun, from Briefing on BRCM today. 12:59 ET Broadcom (BRCM) 30.00 -0.73 (-2.38%): -- Update -- -- Technical -- Currently working on a break below support at 30.00 -- a level it hasn't closed below since April 17. If sell pressure would accelerate on this break, look for initial support at 29.10 which approximates the lower end of its 10-day Bollinger bands. After that, there is very little support until the area of 26.00 which approximates its April 5 close. The intraday outlook would improve if BRCM could reclaim territory above 30.40 and hold. It's worth mentioning that BRCM is deeply oversold on the near-term indicators which suggests it could move quickly if the Nasdaq would turn higher. 10:35 ET Broadcom (BRCM) 30.57 -0.16: Trading floor talk that company's presentation at Salomon Smith Barney conference tomorrow at 1:30 pm ET will be positive based on unconfirmed reports from Taiwanese foundries TSM and SPIL that Broadcom has increased orders of chips it provides for cable modems.