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

To: Lizzie Tudor who wrote (6415)2/16/2003 4:47:21 PM
From: John Koligman  Read Replies (1) | Respond to of 6531
 
I think it's a reasonable strategy based on a general tech recovery either this year or next. I have done nothing but scalp for the last couple of years, but have placed some longer term bets on telecom equipment issues. It's a contrarian bet, I did not like these 'playing with matches' stocks as I have termed them when they were in the hundreds, but think you can make some decent percentage returns at these level.

Regards,
John



To: Lizzie Tudor who wrote (6415)4/18/2003 12:37:00 AM
From: Ibexx  Read Replies (1) | Respond to of 6531
 
Lizzie,

Any thoughts as to where BRCM might go short-term?

I think the stock will trade in a higher trading range until summer.

Legg Mason raised its target price to $24 post earnings report.

Ibexx


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