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

To: Paul Viapiano who wrote (6117)	11/26/2001 7:18:59 PM
From: FR1	Read Replies (1) \| Respond to of 6531

I have never understood the chart guys. In January we topped out around $140. None of the analyst complained when we dropped all the way down to ~$30. Now when we go up $20 to $50 they are all screaming about how horrible this gain is. I guess they are telling us that they were not invested. IMHO, you look at the position of the company and what the FED is doing. FED says start your engines. Tons of money available at cheap rates. BRCM has a gorilla position in cable modem chips and other things. So it looks like a long term buy and hold to me.