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To: Victor Lazlo who wrote (145434)	8/14/2002 12:16:32 AM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 164684

My big mistake was not buying BRCM at 47 shortly after its ipo and before any splits. it had gotten up to around 85 or so and I resolved to buy if it went back below 50, and it soon did, for about a day and a half. But i chickened out. brcm is on my short list of potential longs for sept/oct OB point, along with slab and some other chip companies. I know nothing about these companies, just trying to round out my portfolio which already includes software and some comm. Anyway I go on that brcm thread and the bearishness is unbelievable. The stock is 14. All are sure its going to the single digits or BK whatever. I let them scare me out of buying for a trade. It was mid-18s a few days later, fallen a little today. Moral of the story- too many bears in tech now. L

To: Victor Lazlo who wrote (145434)	8/14/2002 12:50:20 AM
From: GST	Read Replies (3) \| Respond to of 164684

JC's top ten reasons for not expensing options: 10. It can't be done. 9. We are already doing it so it does not matter. 8. It is bad for tech stocks to look unprofitable so we need to be able to play games with our books. 7. My board would never approve my stock option plan if they realize it is a huge expense. 6. I would not be able to make a killing in the market selling csco stock (which I can do now even if the company is losing money). 5. Tech stock valuations would go down -- accounting rules should not allow that to happen -- ever. Its the principle of the thing. This is America. 4. The things we report in our financial statements are not real -- so why worry about reality now? 3. None us guys in techland like it and we are going to stick together. 2. I share some of my "unearned income" with politicians and expect to get my money's worth. 1. I would have to earn a living -- that would be punitive.